NextBot EA is finally available for purchase

 

New type of multi-currency scalper EA based on Linear Regression.  This EA utilizes a news filter to screen economic news and pause trade for specific pair if impact news coming (news filter cannot be checked in the strategy tester, only real work).
It also uses an advanced trailing stop and a virtual take profit. Please use the sets listed on the blog.

LIVE SIGNAL ON REAL ACCOUNT (A bot that shows a real-time signal is far more reliable than any backtest!)

LAUNCH PROMO: Limited Time Price! 

Linear regression in forex is a classic example of supervised learning, a primary category of machine learning. In supervised learning, an algorithm learns from a training dataset that contains both input variables (independent) and output variables (dependent).

The goal is to develop a model that can predict the value of the dependent variable based on new instances of independent variables.

Let’s dive into the details:

1. Purpose of Linear Regression:

   • Linear regression creates a model that correlates two variables using a set of data points.
   • In forex trading, the two variables of interest are time (X-axis) and price (Y-axis).
   • By observing historical data over a specific time period, we can identify trends and create the best-fitting line to predict future price movements.
     
     

2. Linear Regression Line:

   • The linear regression line represents the trend direction.
   • Traders often view it as the fair value price for a currency pair in the future.
   • When prices deviate significantly from this line (either above or below), traders may expect prices to revert back toward the linear regression line.
     
     

3. Application:

   • Traders use linear regression to make informed decisions, such as when to buy or sell a currency pair.
   • By substituting the value of time (X) into the regression equation, they can predict the corresponding price (Y) in the future.

USAGE

Important: To make the most out of NexBot EA, it is essential to use the Linear Regression Next indicator, available on the market at a special price of $30!

This EA utilizes an advanced news filter to limit the bot’s activity during critical economic news events! 

• Currency / Timeframe: M5 on EURUSD, EURCHF, USDJPY
• Use the sets provided and regularly withdraw profits from the account
  
• VPS with low ping
• Recommended minimum deposit - 500$ and Prime accounts with low commissions
• Leverage - 1:300 or more
• Does not use martingale or grids