Regression Slope Oscillator Strategy (Modified from BigBeluga) by aaronrileycheer
By aaronrileycheer
Performance Metrics
- Author: aaronrileycheer
- Symbol: CME_MINI:ES1!
- Timeframe: 1 minute
- Net P&L: −3,100.00 USD (−0.31%)
- Win Rate: 32.5%
- Profit Factor: 0.888
- Max Drawdown: 5,925.00 USD (0.59%)
- Total Trades: 151
Description
Regression Slope Oscillator Strategy (Modified from BigBeluga)This strategy is based on the Regression Slope Oscillator – BigBeluga oscillator, enhanced with multi-timeframe confirmation, dual signal labeling, ATR/fixed-risk management, and visual reversal markers.Core ConceptThe oscillator calculates the averaged logarithmic regression slope across a configurable range of lookback lengths.It identifies momentum shifts when the oscillator crosses the zero line, producing trade signals with optional multi-timeframe confirmation.Multi-Timeframe ConfirmationAdaptive MTF filtering ensures trades are executed only when the trend aligns across neighboring timeframes:Current TF Lower TF Higher TF1 min 5 min 15 min5 min 1 min 15 min15 min 5 min 1 hour1 hour 15 min 4 hourA trade executes only if:Current TF crosses the zero line.Both lower and higher TF oscillators are on the same side of zero.The bar is confirmed (no repainting).Dual Signal SystemMTF-Filtered Signals“Long MTF” / “Short MTF”Trigger only when the dynamic MTF filter is satisfied.Used for actual strategy entries and exits.Simple Zero-Cross Signals“LONG” / “SHORT”Trigger on the current timeframe only.Useful for visual comparison of raw oscillator behavior versus filtered signals.Reversal DotsAdded oscillator-pane dots and price-chart dots to highlight reversals against the signal line:Red dot = bearish reversalLime dot = bullish reversalPositioned either on the oscillator pane or directly above/below candles for clarity.This visually emphasizes momentum reversals, independent of trade execution.Risk ManagementFixed Tick Mode: User-defined take profit and stop loss in ticks.ATR-Based Mode: Take profit and stop loss scaled by volatility with separate multipliers.This flexibility supports scalping, day trading, or systematic momentum approaches.Live Trend TableDisplays direction relative to zero for all major timeframes: 1 min → Daily.Customizable text size and table visibility.Provides a quick visual check of trend alignment across TFs.Performance TableTracks total trades, wins, losses, win rate %, and average win/loss in ticks.Helps quickly evaluate adjustments or parameter changes.Visual EnhancementsGradient-colored candles based on oscillator strength.Oscillator and signal line overlay with filled background.Reversal dots on oscillator and price chart.Entry labels and real-time alerts for MTF trades.Recommended UseTraders looking for trend-aligned momentum trades.Scenarios requiring multi-timeframe confirmation.Lower timeframe scalping where false zero-crosses are filtered.Visual monitoring of oscillator reversals and trade outcomes.