Channel Regression with PPO

Channel Regression with PPO can be best described as a forex swing trading system that detects potential swing levels of the market, plots the trade signals, and projects the possible profit targets against the trade entries for its users. Besides, Its dynamic regression level helps you to update the stop levels of your open trade positions.

Channel Regression with PPO can be applied to trade all kinds of forex currency pairs. Although, this system fits well with M1 to D1 timeframe charts thus works great for scalpers and intraday traders.

Channel Regression with PPO Overview

After the installation of Channel Regression with PPO at the MT4 platform, your trading chart will appear like the following image:

Channel Regression with PPO Overview

Channel Regression with PPO Anatomy

Channel Regression with PPO Anatomy

  • Channel Regression: Channel Regression projects possible swing high/low of the market momentum using its dynamic bands. You’ll be looking for sell signals from the upper channel and buy from the lower channel area.
  • BoSugarman Signals: It uses a very simple technique in order to signal the status of the current market momentum. Its value raises above 50 means the momentum is bullish and a value below 50 is considered as the bearish momentum of the market.
  • PPO: PPO uses crossover technique for filtering the trade signals generated by other indicators of the system. The blue PPO moves above the red PPO represents the bullish crossover signal and an opposite scenario is considered as the bearish crossover signal of the market momentum.
  • Trade Alerts: Used to plot possible trade signals in advance using up/downward arrows. A downward arrow at the upper band of the Channel Regression signals the sell entry and an upward arrow at the lower band represents the buy entry signals from a swing low of the market.

Also Read: Best Strategy Forex Ever

Channel Regression with PPO: Buy Conditions

Channel Regression Buy Conditions

  • Price is supported by the lower band of the Channel Regression
  • An upward Trade Alert arrow is plotted below the lower Channel Regression band
  • BoSugarman Signals value raises above 50
  • PPO plots bullish crossovers
  • Buy triggers when the above conditions are met
  • Set stop loss below the lower band of the Channel Regression
  • Exit long/take profit whenever price hits the upper Channel Regression band 

Channel Regression with PPO: Buy Conditions

Channel Regression Sell Conditions

  • Price is supported by the lower band of the Channel Regression
  • An upward Trade Alert arrow is plotted below the lower Channel Regression band
  • BoSugarman Signals value raises above 50
  • PPO plots bullish crossovers
  • Buy triggers when the above conditions are met
  • Set stop loss below the lower band of the Channel Regression
  • Exit long/take profit whenever price hits the upper Channel Regression band 

Channel Regression with PPO: Sell Conditions

  • Price is resisted by the upper band of the Channel Regression
  • A downward Trade Alert arrow is plotted above the upper Channel Regression band
  • BoSugarman Signals value drops below 50
  • PPO plots bearish crossovers
  • Sell triggers when the above conditions are met
  • Set stop loss above the upper band of the Channel Regression
  • Exit short/take profit whenever price hits the lower Channel Regression band
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I have been actively trading stocks and currencies since April 2012. Besides trading with my personal money I am a technical analyst in a mutual fund which has Rs. 1 billion in assets under management. At my leisure, I love attending live music, traveling, and partying with friends.

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