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Forex RSI Linear Regression Channel Breakout “PRICE ACTION” Trading Indicator and Strategy


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

 

MetaTrader Trading Indicators
  • Linear Regression Channel
  • RSI

 

BUY Rules

Trading NOTES

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  • Linear Regression Channel: Price break the upper line of the channel
  • RSI line: Above the level 55 line

 

SELL Rules

  • Linear Regression Channel: Price break the lower line of the channel
  • RSI line: Below the level 45 line

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