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    cTrader PRC Trade Signals


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    This cTrader Polynomial Regression Channel Trade Signal Indicator is an invaluable tool to help you identify trend reversals on all timeframes using price channels, this system will send you a pop-up, email, telegram or an instant SMS message when the price channels are breached.
    Type: cTrader cBot
    Current version: 1.0.0
    Requires: Windows 7, 10, 11
    Updated: Wednesday, 6 April 2022

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    Polynomial Price Channels is a great tool to show you the overall direction a price is heading for a specific duration of your choosing and this will allow you to see the big picture that many traders tend to ignore. This method of following the trend as soon as the price enters the channel can outperform in-and-out trading often performed by traders thinking they can guess when the market will turn.

     

    cTrader Polynomial Regression Indicator Best

     

    What Is a Polynomial Regression (PRC) Indicator?

    The word PRC stands for Polynomial Regression Channel. This is a regression indicator that is used on charts. A linear regression indicator draws a straight line of best fit on a chart. The PRC indicator applies the polynomial function to the linear regression functions to adapt itself to market flow.

     

    How Does Polynomial Regression Work?

    In statistics, polynomial regression is a form of regression analysis in which the relationship between the independent variable x and the dependent variable y is modelled as an nth degree polynomial in x. Simply put polynomial regression is an attempt to create a polynomial function that approximates a set of data points. With polynomial regression, the data is approximated using a polynomial function. A polynomial is a function that takes the form fx ) = c0 + cx + c2 x2 ⋯ cn xn where n is the degree of the polynomial and c is a set of coefficients.

     

    ctrader prc signals formula

     

    Read About Polynomial Regression on Wikipedia

    Find Out How The Alerts Are Sent

     

    What Kind of Alerts Are There?

    This indicator has 4 different types of alerts to help the trader which is a simple pop-up message on your desktop to an Email, Telegram Bot and SMS text message. The last two provide instant messages so you get informed within seconds of the candle forming.

     

     cTrader Pin Bar Instant Alerts

     

    HOW TO CONFIGURE AND SET-UP YOUR ALERTS

    We provide full support and educational material to help you set-up your email, telegram bot and SMS text message accounts so you can start receiving your alerts as soon as possible. There is also a free tool you can use to test that your settings are correct and to help you if you need it.

     
     

    POP-UP WINDOW MESSAGE

    This indicator will also display the classic pop-up window when an alert occurs.

     

     

     

    Adjustable Settings Explained

    It is very important that you learn how to adjust the settings of this product.

    ctrader grid-hedge settings

    Learn How To Adjust the Settings

     

    How to Automatically Trade Using PRC Channels?

    If you wish to run a semi-automated trading robot that will trade for you when the price reaches the PRC channels just visit the link below.

    How to Open Positions Using a Trading Robot 

     

    Watch a Video Demonstration

    The video has been uploaded to 1080p High Quality, so do not forget to set your U-Tube video quality to 1080p HD. 

    Duration: 14-minutes

     

    cTrader Polynomial Regression Channel

     

    How To Install

    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.

     

    Join Telegram Community

    You can join a Telegram community and chat with other traders to discuss, share and ask for help.