Regression channel

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Today we have added a new signal module for Xentrader expert advisor.

regression channel signal
The module is called XenTrader_Regression_Channel.
This signal working with multiple timeframes regression channel indicator.regression channel signal

This channel updating every bar so it follows the price action and there’s five signal logic:

  1. PRICE_HIGHLOW_LINE_FILTER – if price above below high or low lines
  2. PRICE_MID_LINE_FILTER – if price above below mid line
  3. ANGLE_FILTER – if angle of channel looking up or down
  4. PRICE_HIGHLOW_LINE_SIGNAL – if bar crosses high or low lines
  5. PRICE_MID_LINE_SIGNAL – if bar crosses mid line

regression channel signal

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