vStore is your one-stop-shop for VertexFX plugins and apps. vStore categorizes the plugins/apps to make it easier for both front-end and back-end users to reach what they need
Trend Channel is a VertexFX client side VTL indicator. The indicator plots the trend channel on the basis of the method of linear regression. This channel can be viewed as a line of "equilibrium" prices, and any deflection up or down indicates increased activity of buyers or sellers.
The Linear Regression technique is a statistical methodology to determine how closely a set of points are related to each other and whether a function can define these set of points. Each point can then be expressed as y = Ax + B, where A is the Slope and B is the intercept. This concept is applied in this indicator. At first step, we calculate the regression variables over the most recent PERIOD candles. In the second step, we calculate the Slope and Intercept based on the regression variables. In the final step, the Linear Regression Line is approximated and calculated for the latest candle using the calculated Slope and Intercept.
The idea behind this technique is that in trending markets, the prices are well-organized and can be predicted with better accuracy than in sideways markets where the randomness is higher and hence predictability is lower. When the market is trending upwards or downwards, the accuracy of the Slope and Intercept is better, and hence the predicted value of the Linear Regression Line is more accurate. At the same time, the predicted Linear Regression Line follows the trend. When the trend stalls, the variation in the line increases and it is very likely that the price breaches the line. This step is repeated when a new trend is detected. Hence the Linear Regression Line provides an excellent trend-following signal with minimal lag.
Trading using Trend Channel indicator:
In an uptrend (line up the slope) it is recommended to open a buy position.
In a downtrend, it is recommended to open sell positions.
In an uptrend, place buy position when the price reaches the bottom of the orange line (target №1) or the lower green line (goal number 2). Closing of the transaction is advised when the price reaches the top of the orange line (target №1) or the upper green line (goal number 2).
In a downtrend, place sell position when the price reaches the upper green or orange line, and close the deal when the lower green or orange lines.
Download Trend Chanel.vtl (1370 views)
Ask, Share, Engage
A Trader or A Developer?
Enter the Project ZoneAll in one Mirror![]() Description: All In One Mirror (AIO Mirror) indicator is an innovative VertexFX indicator based on the popular MACD, RSI, CCI and Sto ... |
Relative ATR![]() Description: Relative Average True Range indicator, also termed as RelativeATR is VertexFX indicator which is an enhanced adaptation ... |
Sigma Bands![]() Description: Sigma Bands is a VertexFX client-side indicator that uses the statistical concept of standard deviation to identify tren ... |
VertexFX Bridge![]() Description: VertexFX Risk Management Bridge is a back end software used to connect your VertexFX system to another one for clearing an ... |
VertexFX News Trader 11![]() Description: Never miss out news trading opportunities again! VertexFX auto News Trader for VertexFX 11 is a unique trading plugin tha ... |
Butterworth 2 Pole![]() Description: The Two Pole Butterworth filter is a VertexFX Indicator which uses smoothing method termed as low-pass filters to reduce ... |
PTL Perfect Trend Lines![]() Description: Perfect Trend Lines, PTL, is a short-term trend trading indicator. The lines showing the trend in this indicator are not ... |
sRSI -Sell Relative...![]() Description: sRSI (Sell Relative Strength Index) is a powerful VertexFX client-side indicator based on enhanced implementation of the ... |
Traffic Light![]() Description: Traffic Light is a VertexFX client-side Trading Robot that identifies entry and exit signals based on convergence and di ... |
Started in 2002, Hybrid Solutions Group provides FOREX Online Trading Platform. Hybrid Solutions has adopted the latest technologies and international standards to develop its Online Trading Platform, VertexFX.
UK: +44-2-071-936-008
Australia: +61-280-114-343
USA: +1-845-657-3272
HK: +852-8199-0933
Jordan: +962-6-552-0822
Sales Chat on WhatsApp
This website and its content are copyrights of Hybrid Solutions - © Hybrid Solutions 2002 - 2020. All rights reserved.
Disclaimer: Hybrid Solutions is the VertexFX trading platform vendor, provides technology only for the financial institutes and does not have any intervention in any financial role or in the trading cycle. Hybrid Solutions clears its responsibility from any financial institute's behavior. Choose your broker wisely and seek independent advice if necessary.
اخلاء مسؤولية: هايبرد سوليوشنز هي الشركة المزودة لبرنامج (الفيرتكس اف اكس) للتداول الالكتروني ، تزود فقط التكنولوجيا اللازمة للوسطاء ولكنها لا تتدخل بأي شكل مهما كان في عمليات التداول أو بأي دور مالي. هايبرد سوليوشنز تخلي مسؤوليتها بشكل كامل عن تصرفات الوسطاء او كل ما من شأنه أن يسبب الخسارة للمتداول ، إختر وسيطك بتأني واطلب النصيحة من المختصين بالتداول عند الحاجة.