Description
Belkhayate PRC (Polynomial Regression Channel)
1 curve. 3 deviation bands. Clean structure.
Belkhayate PRC is a Polynomial Regression Channel with 3 standard-deviation envelopes.
It helps you spot mean zones, expansion, and exhaustion in a simple way: price tends to oscillate around a smooth regression curve — and the outer bands often act like practical reaction areas.
This release is free, because I want every trader to be able to test it, understand it, and decide if it fits their workflow.
What it does
Polynomial Regression Curve (PRC)
- Fits a smooth regression curve to the last N bars (your Period).
- Degree 1–4: from gentle smoothing to stronger curvature.
Deviation Bands (3 levels)
- 3 envelopes based on the regression error (standard deviation).
- Useful as “zones” for pullbacks, extremes, and mean-reversion conditions.
Why it’s useful
- Trend clarity without laggy MA stacking
The PRC gives you a clean “center of gravity” for the last Period. - Structured extremes
Bands help you judge when price is stretched vs. when it’s back in normal territory. - Great for context + execution
Use higher TF for direction/context and lower TF for entries into the curve or band zones.
History / where the idea comes from
This tool is inspired by the classic concept of regression channels used in technical analysis (fitting a regression line/curve to price and building envelopes based on deviation).
The name “Belkhayate” is commonly associated with a popularized version of this PRC-style channel shared across trading communities.
My cTrader implementation is a clean rebuild, focused on stability, settings, and practical usability on modern charts.
Recommended usage
- Trending market: trade pullbacks toward the PRC, manage risk using the nearest band
- Range market: fade extremes (band 2 / band 3) back toward the PRC
- Volatility check: widening bands = expanding volatility / acceleration
Summary
This indicator helps traders identify mean zones, expansion phases, and exhaustion points by showing how price oscillates around the regression curve, with outer bands often acting as reaction areas. It is applicable across various markets including Forex, indices, commodities, stocks, and cryptocurrencies, supporting symbols like BTCUSD, EURUSD, GBPUSD, XAUUSD, NAS100, and USDJPY.
Recommended uses include trading pullbacks toward the PRC in trending markets, fading extremes in ranging markets, and monitoring volatility through band width changes. The tool is designed for clarity and practical usability on modern charts, suitable for combining higher timeframes for context with lower timeframes for execution.
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