528# Regression Trading System
Regression trading
Submit by Merlot5 26/12/2013
Regression trading system is a 'price action ' trend forex trading system which is designed so you can trade without being stuck in front of your charts of the platform trading.
Time frame 30min or higher.
Markets
Currency pairs:EUR/USD, GBP/USD, AUD/USD, USD/CHF, GBP/JPY, EUR/JPY, AUD/JPY, CAD/JPY, USD/CAD, AUD/NZ, USD/NZ.
Metals: Silver, Gold.
Oil
Stocks, Indicies, Futures.
Forex Indicators:
Regression MT4 V.2 (upper band sell zone- lower band Buy ) setting default;
Arrow Entry;
Delta Trend 1.
Rules for Regression Trading system
First we look at the color of the Trend Direction indicator (Delta Trend 1 indicator) at the bottom of the chart. Green is buy and Red is sell.
Long Entry
We have Red bars, so we're looking to enter sell only.We need to determine when to enter. That's easy, because we simply look for a orange Arrow in Buy zone.
Short Entry
We have Green bars, so we're looking to enter a buy only.We need to determine when to enter. That's easy, because we simply look for a red Arrow in Sell zone.
Exit Position
Exit Position At the opposite signal arrow , with predetermined profit target or ratio stop loss 1:13.
Stop loss at the previous swing.
