High accuracy “Forex RSI Linear Regression Channel Breakout PRICE ACTION Trading System and Strategy” – This linear regression channel is a statistical tool used to predict the future from past data.
It is used to determine when prices are overextended.
- Time Frame: M30 or higher
- Currency Pairs: Any
- Linear Regression Channel
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- Linear Regression Channel: Price break the upper line of the channel
- RSI line: Above the level 55 line
- Linear Regression Channel: Price break the lower line of the channel
- RSI line: Below the level 45 line