Linear Regression Curve - 15 min [blue]

4 thg 11, 2023

Linear Regression Curve - 15 minute

Linear Regression Curve is a useful measure for technical and quantitative analysis in financial markets that help identifying trends and trend direction. The use of standard deviations gives traders ideas as to when prices are becoming overbought or oversold relative to the long term trend.

The linear regression curve and bands are only available on a 15min chart as it's the most optimal for day trading.

A fast (36 ema) and slow (84 ema) are also provided for possible long/short entries on cross and can be used for support/resistance levels of interest.

When price is above the primary linear regression curve, bias is on the long side. When below, bias will be on the short side.

Based on the work from dgtrd and BigT4X.

7 thg 11, 2023

Phát hành các Ghi chú

- Add labels
- Add 0.5 and 2.5 deviations
- Move styles to option tab

8 thg 12, 2023

Phát hành các Ghi chú

Minor adjustments

19 thg 11, 2024

Phát hành các Ghi chú

- Update to use Utility library.
- Now available on charts between 5 and 30 minute timeframes.