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dee718
Sep 4, 2022 4:41 PM

GBPUSD 04 SEP 2022 (follow up) Short

British Pound/U.S. DollarFXCM

Description

Another 50% fib hit that intersected withh the supply side of the linear reg and RSI channel.

Linear reg can be very useful

Comment

Comments
JoeChampion
Nice!
caray
What is the name of the linear regression indicator used?
dee718
@caray, Its called "Linear Regression clone "( the person who coded it is called GLAZ) and depending how things are reading on the chart I usually use it set on either 100, 200 or 300. You definitely have to jump around, meaning, you cant just set it on 200 and think it will work the same on different pairs. But it's easy. I actually have 2 on my chart and bounce between them.

You will know when it looks right. Its kinda intuitive. Just have to play around with it.

good luck-
caray
@dee718, thank you
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