What Is The Belkhayate Indicator?
The Belkahayate indicator was created by "El Mostafa Belkhayate", winner of the Gold Trophee 2009 Technical Analyst ( Paris Salon AT), Silver Trophee 2010 Technical Analyst ( Paris Salon AT), and currently CEO at "Belkhayate Asset Management".
This indicator uses a Mathematical formula of Polynomial nonparametric Regression to calculate the Centre line while the following lines are Deviations based on the Golden Ratio of 1.618. It can be used to calculate the centre of the market movement gravity. It helps to identify favourable areas for buying/selling (moments to enter the market) and possible reversal points.
Mostafa said that respecting the signals, this system has an 80+% ratio of success.
~ These indicators have been converted for the cTrader platform ~
Belkhayate Polynomial Regression History
How To Trade Using These Indicators
Download this PDF document which explains how you can trade effectively using these indicators.
Download the Instruction Manual
How To Install The Indicator
First, make sure you have the cTrader trading platform installed and then simply unzip the file and double-click on it to automatically install onto the platform.
* Manual trading only - source code not available.