What I love most about @GoatFunded is the opportunity it gives traders to grow with discipline and real market conditions. The structured rules push you to improve risk management and control emotions, which is very important for long-term success.
@EdwardXLreal
The support team of @GoatFunded is generally considered responsive and helpful, especially for account-related queries. However, sometimes I feel slight delays during high-traffic periods and standardized replies instead of detailed solutions.
@EdwardXLreal
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@EdwardXLreal
🎥 Polynomial Regression Channels (PRC) in cTrader
In this video, we explore the Polynomial Regression Channels (PRC) in cTrader - an indicator that fits a polynomial regression line to recent price data and creates a channel around it to help identify market direction and potential dynamic support and resistance levels.
You’ll learn where to find the PRC in cTrader, how to adjust its settings and appearance, and how the indicator plots a curved, non-linear channel based on recent price data.
We also look at how traders use the PRC to interpret different market conditions. The video shows how the indicator can help identify bullish, bearish and ranging markets, spot overbought and oversold conditions when price moves outside the channel, and analyse pullbacks in trending conditions when price retraces towards the opposite band.
The walkthrough also includes a breakout example, showing how traders may watch for a shift in the channel direction together with price breaking above a prior high.
📍 Timecodes
00:09 – Introduction: what are Polynomial Regression Channels (PRC)
02:00 – Where to find the PRC in cTrader and how to customise its settings
02:27 – Using the PRC to identify bullish, bearish and ranging market conditions
03:07 – Spotting overbought and oversold conditions with the PRC
03:56 – Using the PRC to analyse pullbacks in trending markets
04:30 – Reviewing a breakout example with the PRC
- Learn more about the Polynomial Regression Channels - https://t.co/74uZpDlvQI
- Join Discord - https://t.co/N23Rt86kcx
Don’t forget to like and share your thoughts in the comments!
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@EdwardXLreal
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@EdwardXLreal
@GoatFunded support team is very supportive whenever I ask some doubt they have instantly replied and help me to understand easily
And also guided the whole process of what to do
@EdwardXLreal
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You can trade on any platform you like and everyone's favourite MT5 is also available
Don't miss the opportunity to buy your first instant account and also get 50% off on your first GFT account
@EdwardXLreal
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