Linear Regression Line Strategy

[Apprentice]

Long
Short Period LRL CrossOver Long Period LRL
Short
Short Period LRL CrossUnder Long Period LRL

Exit Long
Price CrossUnder Long Period LRL
Exit Short
Price CrossOver Long Period LRL

Linear Regression Line Strategy.lua

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For this strategy you have to install Linear Regression Line Indicator.
viewtopic.php?f=17&t=14929

The Strategy was revised and updated on December 09, 2018.

[sagymmm]

Can we add the option of choosing to have a limit and SL by certain number of pips or the candle crossing the heavier regression line

[Apprentice]

What's wrong with current Stop/Limit settings.

[sagymmm]

Sometimes the trade goes in our direction but since there is no trailed stop it may end with few pips only instead of 50 pips or more
Others it may need more space for SL as heavier regression line maybe so close to price action that we get stopped out while there is no crossover in the other direction and the trade goes to it's target

[Apprentice]

Strategy has been revised and updated.