Linear Regression Channel EA draws "Linear Regression Channel" on chart and trades with its trend,has Trailing Stop Loss &Take Profit works best on all time frames major forex pairs and stocks NASDAQ.
USEMOVETOBREAKEVEN system functions like a stop loss
But a one-time function with a smaller value than the subsequent Stop Loss value to lock minimal profit and avoid loss if the price goes against you.
If you have reached a certain value of pips with the direction of the trade -
So how many pips would you like to move the stop loss above the price line of the open trade-
This EA trades only with the price of open candle!
Trade volume of a position depends on previous trading results.
It provides the possibility to limit the maximum risk (in % of deposit) of the trade.
If you want to trade with constant lotsize say:0.01 lot ,you need to set "MaximumRisk =0" and "DecreaseFactor=0"
Or else you will have a calculation of Percent (%) of deposit and MaximumRisk.
I put together a simple EA with two moving averages and Linear Regression Channel,
The Linear Regression Channel do not work on test mode,
The optimization tests can be performed only with moving averages,
In live trading only, Linear Regression Channel and moving averages will work together,
During tests, the EA only draws the Linear Regression Channel on the screen in a visual mode without considering it in the creation of trades,
You need to perform back test with "open prices only" option,
The Linear Regression Channel will function as a filter .
In this situation the probability of winning trades increases.
Great EA that scalps BUT also rides a trade.manual trade by keyboard
After looking for many Trading concepts and requirements of my own tried to code an EA. First collected many EA's and tried their codes I re-designed the following codes for my own needs to use for trading. Hope you also find the EA helps you .. Have healthy life and succesfull trades within your life.
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