ugurvu

Linear Regression Candles

There are many linear regression indicators out there, most of them draw lines or channels, but this one actually draws a chart.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Comments

Tell me how to use your script correctly and how to use it in your work, and what is a diagram?
Reply
ugurvu golden-year
@golden-year, since it's based on linear regression, basically it's just a smoothed chart. Signals are obvious. Just be careful, because candles may or may not represent the real price. You may also move it to a new pane.
+2 Reply
I liked your work very much! Tell me how to use your script correctly and how to use it in your work, and what is a diagram?
Reply
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