3x Parabolic Regression Forex indicator technique (MT5)
The technical indicator MT5 3x Parabolic Regression automatically plots on the graph
. 2-channel linear trend calculated on the standard deviation, of different periods
. 1 curvilinear trend channel calculated on a parabolic regression
Plots channels determine market direction and define dynamic support and resistance levels
Broker - Broker Exchange Online : Trading Platform] Metatrader MT5
Interpretation Rules - Signals From Trading
- Buying Signals
. The trend channel is towards the top and the price touches the lower trend line of the channel - Trend bullish, rebound in prices predict
- Sale signal
. The trend channel is in a downward direction and the price touches the upper trend channel line - Trend bearish, rebound price foresee
Read more about the rules and trading signals:
Exchange Technical Analysis - Standard Deviation Channels
Exchange Technical Analysis - LinearRegSlope V2
Graphic Exchange - Trading Analysis
Trade Example
Exchange and Financial Markets
Instruments - forex Trading
Swap - Symbol EURUSD
time Frame (time unit): 2 hours H2
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