The least square moving average ( ) calculates the least squares regression line for the preceding time periods, thus leading to forward projections from the current period.
I find out that combining them both can make a nice strategy adapted for major pairs like GBPUSD , EURUSD and others on 1h time frames.
For calculations I am using 1 day previous high and low (24 candles of 1h) and 50 candles for moving average(in my opinion one of the best moving averages length)
For long : Actual low is higher than previous and previous is lower than second previous
At the same time I am lookling that current close price is above the moving average
For short: Actual high is low than previous and previous is higher than second previous
At the same time I am lookling that current close price is below the moving average
This strategy has no risk management inside, so use it with caution.
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