Required add-on (free): NEXT Regressive VWAP
Target market: COMEX:GC1! 10R chart
Strategy Overview:
- Long when price crosses upper band (green)
- Short when price crosses lower band (red)
- Do not initiate trades in the buffer zone (between the bands) - that is our filter
Setting Alerts:
Here is how to set price (close) crossing band alerts: open a...
Okay, this is a simple trick with the built-in Linear Regression indicator. I have used two instances of the indicator, but with different sources. The first one uses price of an instrument and the second one uses volume of an instrument. Yes, it is possible to use non-standard source because the indicator has a special input for that.
As result you get a simple...