• Home
  • About
  • Contact

Forexobroker

Download Our Forex Strategies and Indicators

  • Strategies
  • Articles
  • Dom’s Forex Course
  • Metatrader 4 Indicators
    • Free Metatrader Indicators
    • Paid Metatrader Indicators
  • Metatrader 4 Systems
    • Free Metatrader Systems
    • Paid Metatrader Systems
  • EA’s
    • Paid Expert Advisors
  • Forex Brokers

Linear Regression Breakout System

January 25, 2016 by Dominic Walsh Leave a Comment

Linear Regression Breakout System is a forex trading system. If you are seeking a simple yet powerful forex trading system there can’t be any alternative to this one. The signals generated by the system are crystal clear and easy to understand. The simplistic nature of the Linear Regression Breakout System makes it easy for the newbies to make money out of this forex trading system. This forex trading system has potential to generate nice profits for you if you can follow the rules of the system with high level of self discipline. One of the reasons why using this system has become easier is because of the fewer numbers of technical indicators used in this system. The Linear Regression Breakout System has two indicators in the main chart window while only an indicator in an indicator window.

This forex trading system can be used by all level of traders. It can be used in all time frames. It can be used with every currency pairs. These features make this system very flexible and dynamic.

When Linear Regression Breakout System is correctly loaded on your Metatrader platform, your chart should look like this:

Linear Regression Breakout System

  • Linear Regression Breakout

Linear Regression Breakout is a channel that is automatically drawn by the system. The main concept of using this indicator is when the price breaks out in either of the directions; we enter in to that direction. For example, if the price breaks upside, you enter long and vice versa.

  • Arrows

Arrows can be seen on the main chart. These arrows are the actually the signal generators. Arrows can be in different colors. When the breakouts of the channels occur, arrows appear on the main chart.

  • Schaff

Schaff is a custom made indicator which consists of an oscillator which changes its color to green and red. When the market is in bullish move the oscillator is green and vice versa.

Buying Conditions Using Linear Regression Breakout System.

Linear Regression Breakout System

  • Wait for the price to breakout above the channel.
  • After the breakout on the upper side, an arrow pointing upward should appear on the chart.
  • The Schaff oscillator should be green.
  • Place your long position as soon as above conditions are met.
  • Place your stop loss just below the recent swing low.
  • Take your profit when the channel breaks to the downside.

Selling Conditions Using Linear Regression Breakout System.

Linear Regression Breakout System

  • Wait for the price to breakout below the channel.
  • After the breakout on the down side, an arrow pointing downward should appear on the chart.
  • The Schaff oscillator should be red.
  • Place your short position as soon as above conditions are met.
  • Place your stop loss just above the recent swing high.
  • Take your profit when the channel breaks to the upside.

Open demo account to test this system.

Download Free Forex Linear Regression Breakout System

Download Free Linear Regression Breakout System

Filed Under: Free Metatrader Systems Tagged With: arrow indicator, line indicator

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Email
  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • RSS
  • Twitter
  • YouTube
Forexobroker

Archives

  • June 2022 (6)
  • May 2022 (8)
  • April 2022 (5)
  • March 2022 (7)
  • February 2022 (6)
  • January 2022 (7)
  • December 2021 (1)
  • November 2021 (4)
  • October 2021 (3)
  • September 2021 (4)
  • August 2021 (2)
  • July 2021 (1)
  • June 2020 (7)
  • May 2020 (7)
  • April 2020 (9)
  • March 2020 (7)
  • February 2020 (10)
  • January 2020 (3)
  • November 2019 (1)
  • September 2019 (3)
  • August 2019 (3)
  • June 2019 (1)
  • December 2018 (1)
  • November 2018 (4)
  • October 2018 (9)
  • September 2018 (14)
  • August 2018 (5)
  • July 2018 (8)
  • June 2018 (3)
  • May 2018 (9)
  • April 2018 (3)
  • March 2018 (10)
  • February 2018 (9)
  • January 2018 (13)
  • December 2017 (12)
  • November 2017 (14)
  • October 2017 (3)
  • September 2017 (3)
  • August 2017 (13)
  • July 2017 (25)
  • June 2017 (21)
  • May 2017 (20)
  • April 2017 (21)
  • March 2017 (15)
  • February 2017 (16)
  • January 2017 (18)
  • December 2016 (11)
  • November 2016 (21)
  • October 2016 (63)
  • September 2016 (24)
  • August 2016 (22)
  • July 2016 (16)
  • June 2016 (16)
  • May 2016 (16)
  • April 2016 (23)
  • March 2016 (29)
  • February 2016 (22)
  • January 2016 (22)
  • December 2015 (29)
  • November 2015 (28)
  • October 2015 (30)
  • September 2015 (41)
  • August 2015 (52)
  • July 2015 (47)
  • June 2015 (55)
  • May 2015 (50)
  • April 2015 (58)
  • March 2015 (22)

  • Home
  • About
  • Contact

Categories

  • Strategies
  • Articles
  • Dom’s Forex Course
  • Metatrader 4 Indicators
    • Free Metatrader Indicators
    • Paid Metatrader Indicators
  • Metatrader 4 Systems
    • Free Metatrader Systems
    • Paid Metatrader Systems
  • EA’s
    • Paid Expert Advisors
  • Forex Brokers

Visit Our Forex Strategies And Forex Indicators Below:

Forex Trading Strategies

Free Forex Indicators

Paid Forex Indicators

Paid Forex Strategies

“Our order process is conducted by our online reseller Paddle.com. Paddle.com is the Merchant of Record for all our orders. Paddle provides all customer service inquiries and handles returns.”

© 2015-2022 Forexobroker

Copyright © 2022 · Magazine Pro Theme on Genesis Framework · WordPress · Log in