zidane jemal

Zidane

[NextStageFunded @Nextstagefunded]

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[zidane jemal @zizu3435]

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[Maven Prop Trading @Maventrading]

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[zidane jemal @zizu3435]

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[Goat Funded Trader @GoatFunded]

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[cTrader @cTrader]

🎥 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

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