Simple Linear Regression Trading system. - page 2

Linuxser
5822
Linuxser  

Ok, one of the buy order was activated at the open of the EU session followed with choppy hours because the market was waiting for the FED announcement.

Talking about probabilities our long trade had 70% off been successful agaisnt the 30% for our short trade. Fundamental analysis should not be discarded for TA trading.

Market was expecting a rate cut and we know rate cuts plays against the dollar when all people are talking about a recession in the US.

However the nature of the previous flat day give us chance to set short orders with low risk because we also know the market could go against what we thought. Never say no.

We could exit right now for a 70/80 pips trade or move our SL to 1.4830 because with the news released the Euro have plenty to run to 1.4500.

Files:
linreg19.gif  20 kb
Linuxser
5822
Linuxser  
Files:
linreg20.gif  22 kb
Linuxser
5822
Linuxser  
Files:
r2b.gif  22 kb
r2a.gif  20 kb
Forex Lasers
624
Forex Lasers  

Excellent work my friend. Keep up the good work.

Linuxser
5822
Linuxser  

Updated template.

You need PolyFitBands_v1

Files:
linear_v1.tpl  4 kb
r2a.gif  21 kb
Linuxser
5822
Linuxser  

I believe our best chance to today is usdchf. I did not trade this one but looks nice.

Sell stop below 1.0955. SL 1.0990

Files:
r2a_1.gif  21 kb
Linuxser
5822
Linuxser  
Files:
r2offa.gif  19 kb
Igor Durkin
8542
Igor Durkin  

Just FYI:

I found good info about R2 for nonlinear regression

How good is the fit?

PolyFit R2 you can find here https://www.mql5.com/en/forum/178009/page3

Linuxser
5822
Linuxser  
igorad:
Just FYI:

I found good info about R2 for nonlinear regression

How good is the fit?

PolyFit R2 you can find here https://www.mql5.com/en/forum/178009/page3

Thanks igorad. I was needing this info,

Linuxser
5822
Linuxser  

Jpy

Possible JPY Trade.

This is a Risky one but we could profit 50 pips.

Sell now. Stop 107.90. Target 1 107.00 Target 2 106.50

Files:
r2offwea.gif  20 kb