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[DEM] Multiple Linear Regression Score

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[DEM] Multiple Linear Regression Score is a composite momentum indicator that evaluates market conditions by analyzing a reference symbol (defaulting to NDX) across multiple technical dimensions and combining them into a single predictive score. The indicator processes ten different technical variables including RSI, MACD components (line, signal, and histogram), price relationships to various moving averages (10, 50, 100, 200), and short-term price changes (1-day and 5-day), converting most into binary signals (1 or 0) based on whether they're above or below zero. These binary and continuous inputs are then weighted using regression-derived coefficients and combined into a final percentage score that oscillates around zero, with the indicator also calculating a 20-period standard deviation of the score to measure volatility. This approach creates a data-driven sentiment gauge that quantifies the overall technical health of the reference market by mathematically weighting the importance of each technical factor based on historical relationships.

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