Submit by Janus Trader 2024

Objective:
This strategy uses three regression channels (two linear and one polynomial), along with the Jurik Blau filter and a price channel timing indicator to identify trade opportunities. The method relies on alignment between the regression channels and the Jurik filter for trend confirmation.

Strategy Setup

1. Timeframe:

   • Use 15-minute charts or higher.

2. Currency Pairs:

   • Any currency pair can be traded.

3. Trading Platform:

   • MetaTrader 5 (MT5).

1. Indicators:

   • Regression Channels: 3 regression channels (default settings: 2 linear, 1 polynomial).

   • Price Channel Timing Indicator: Set to 9 periods.

   • Jurik Blau Filter: Default settings. Note: This indicator must be entered manually each time.

Trading Rules

Buy Setup

1. Regression Channel Alignment:

   • At least two regression channels must agree on an upward trend.

   • Specifically, the polynomial regression must align with at least one linear regression channel.

2. Jurik Blau Confirmation:

   • The Jurik Blau filter must confirm the upward trend.

3. Entry Signal:

   • A buy arrow appears from the Price Channel Timing Indicator.

Sell Setup

1. Regression Channel Alignment:

   • At least two regression channels must agree on a downward trend.

   • Specifically, the polynomial regression must align with at least one linear regression channel.

2. Jurik Blau Confirmation:

   • The Jurik Blau filter must confirm the downward trend.

3. Entry Signal:

   • A sell arrow appears from the Price Channel Timing Indicator.

Exit Rules

1. Stop Loss:

   • Place the stop loss at the most recent swing high (for short trades) or swing low (for long trades).

2. Profit Target:

   • Use a risk-reward ratio between 1:1.1 and 1:1.4.

Risk Management

• Risk only 1-2% of your total account balance on each trade.

• Monitor your trades regularly, and consider manually adjusting stop loss to breakeven once the trade moves significantly in your favor.

This strategy combines trend-following regression channels with filtered signals to increase the likelihood of successful trades. 

MT5 Strategies 

MT5 Indicators

MT5 Directory

Submit by Ferdez

Time Frame 15min, 30min, 60min, 240min.

Pairs:all

Indicators:

Bidara HAS

Bidara CT

Bidara Mprice

Pivot Auto

Bollinger Bands

Moving Average 9

Moving Average 26

Bidara Arrow

DMI (14)

MACD MTF (12,26,9)

Exit Position

When Arrow change direction.

Place Stop loss on previous swing.

Profit Target Pivots levels-

In the pictures Bidara forex system in action.