Three Regression Line Strategy

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Three Regression Line Strategy

Postby AussieOz » Tue Jan 16, 2018 12:33 am

Hi there,
Could you please generate a strategy based on the following:

References:
Regression_Color_Dot.lua
Regression_Line.lua

Indicators:
R1(Fast), R2(Medium), R3(Slow)

R3 sets the Trend. If R3 is Green, trend is Up. If R3 is Red, trend is Down.

Enter Long if:
R3 is Green
R1 is Green AND R1 > R3
R2 is Green AND R2 >R3
Note: for Long R1 does not have to be > R2
Exit Long if R1 is Red AND if R2 is Red AND R1<R3

Vice Versa for Short

Maximum three positions.
Initial Stop, Limit and Trailing Stop available.

Thank you, Mike
AussieOz
 
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