Moving Regression Bands

Description

The Moving Regression Bands EA is a robust automated trading system that uses polynomial regression analysis to identify market opportunities. Based on moving regression bands, this EA offers a mathematical and statistical approach to trading.

Key Features

• Advanced Analysis: Uses polynomial regression to calculate trends and volatility bands
• Operational Flexibility: Normal and Inverse modes for different market strategies
• Risk Management: Configurable Stop Loss, Take Profit and Trailing Stop
• Customization:
  • Adjustable polynomial order
  • Regression length
  • Band multiplier
  • Trading volume
  • Unique Magic Number

Operating Modes

• Normal Mode: Buys at lower band touches and sells at upper band touches
• Inverse Mode: Counter-trend strategy, ideal for ranging markets
• Directional Options: Possibility to trade only buys or only sells
• Midband Closure: Option to close positions at central line crossings

Requirements

• MetaTrader 5
• Moving Regression Bands indicator installed
• Account with Expert Advisors permission

Recommendations

Perfect for traders seeking a systematic approach based on statistical analysis. Recommended for various timeframes and financial assets, especially in trending markets. Before setting it up, I recommend using a reliable trend indicator; I use the Quantile Estimator."

Risk Warning: Trading involves significant risk of loss. Perform adequate testing on demo accounts before using real resources.