lin reg session breakout
hello this is a strategy that can be used by those with little time on their hands that prefer one trade a day.
It boasts a 73.3% accuracy from July 2nd to august 13th
in this strategy you need an ATR stoploss finder and a sessions chart that shows the previous sessions.
its pretty simple just draw a linear regression channel from 9:00 am to the begining of the asian session.
wait for price to close clearly outside of the linear regression channel and take a trade in the direction of the breakout.
you can also add a volume indicator to clarify if the breakout has strength or is false.
It boasts a 73.3% accuracy from July 2nd to august 13th
in this strategy you need an ATR stoploss finder and a sessions chart that shows the previous sessions.
its pretty simple just draw a linear regression channel from 9:00 am to the begining of the asian session.
wait for price to close clearly outside of the linear regression channel and take a trade in the direction of the breakout.
you can also add a volume indicator to clarify if the breakout has strength or is false.
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