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Linear Regression Strategy

This EA using linear regression strategy, EA can identify key price points—entry price, stop-loss price, and exit prices. Price and time period determine the system parameters for linear regression, making the method universally applicable. Linear regression is the analysis of two separate variables to define a single relationship and is a useful measure for technical and quantitative analysis in financial markets. 

Requirements and Recommendations

  1. EA specifically for the USDJPY pair on the H4 timeframe.
  2. The minimum deposit to use this EA is 600$ with a Risk Per Trade of 0.5%.
  3. EA prioritizes Quality over Quantity trades. If you expect an EA that can open positions every day, this EA is not your answer.

Parameters

  1. Risk Fixed % Of Balance
  2. Minimum Position Size Allowed
  3. Maximum Position Size Allowed
  4. Take Profit (pips)
  5. Stop Loss (pips)
  6. Exit On Friday Setting
  7. Exit On Friday Time (HH:MM)
  8. Trailing Stop Setting
  9. TSL trigger point (0 = inactive)
  10. TSL point
  11. Order Comment
  12. Magic Number

Note : I only sell my products on mql5, if you find my products elsewhere, you can be sure it's a fake and a lot of features don't work properly.



















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Turn any trading strategy into a position trading strategy or trade the proven RSI & ADR based position trading strategies, including automated drawdown control system for positions that move against you. This EA is an evolution and a simplification of the MRA EA that has been used for position trading strategies taught on the Market Structure Trader website for many years. See my profile for a link to the website, free position trading course and other products. The EA will automatically scale
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This EA uses 3 custom indicators consisting of Gann HiLo, ADX, Heiken Ashi Indicator. Gann used angles and various geometric constructions to divide time and price into proportionate parts. Gann indicators are often used to predict areas of support and resistance, key tops and bottoms, and future price moves. Gann studies have been used by active traders for decades, and even though the futures and stock markets have changed considerably, they remain a popular method of analyzing an asset's dire
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Version 1.2 2023.04.22
Changes 1.2
- added Trailing
Version 1.1 2023.04.03
- added Signal Time Range Setting