B3 Least Squares Regression or "LSR" is very similar to the mid-line at the end of a linear regression channel, except that in a linear regression you cannot see the history of the regression well. There is also the linear regression and least squares curves in some platforms, and this would also be a similar indicator. The smoothness of my indicator and the back-to-basics approach to the mathematics sets it apart from the others. The look of this MA on a chart speaks for itself.
Some people like the flow of this indicator, as it will actually shoot out ahead of price. Most moving averages trail the price action; this one doesn't do that for long before it catches price or begins to lead price. It isn't necessarily a future price predictor; think of it as a slope stylist. The slope of this indicator determines all painting and signals for the strategy. There are two available versions: with or without order placement.
This is beautifully smooth. Thank you so much for your work.
duuse
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can you share the sauce code for it? id like to dive deeper into it
HabibiBudo
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Can you please publish this script
Bull_Bear003
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Is your indicator meant to work on all time frames using the default settings ie. 11 len and 3 for smoothing?
More specifically, are the variables meant to be played around according to one’s strategy? Or is your default settings the best regardless of strategies and time frames?