Regression Trader

The trading system uses the tilt angle of the "linear regression" indicator to define the direction of the trend, as well as the standard deviation of this regression line for determining the moments of opening and closing the positions. A long position is opened, if linear regression is pointing up, and the price is below the channel of standard deviation. A short position is opened, if linear regression is pointing down, and the price is above the channel of standard deviation. The closing of the positions is performed, when the price crosses the opposite line of the standard deviation channel – the top line for a long position, and the bottom for a short position.