This study shows the linear regression in a way to easily spot trends, S/R levels, reversals, choppiness, trading ranges, patterns, flags.
This script requires very few and easy to understand parameters, the length of analysis and the width of the slide. The default values are good for most scenarios.
Comments
GurudevR
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Can you provide the AFL code for this indicator.
Madrid
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This is the same pair with a lower tracking.
kkatkar40
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👍🏻
akhilpan
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Can you please update it to pine v4 and some alerts which will make it more intuitive ..add some alerts and content to it ..
aaahopper
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Hi,
Is there a way of setting up and alert for Long and Short?
Thanks
sabriyenilmez
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thanks for indicator ver much
MC2016
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Thanks very much for this - looks very interesting so far - in fact, one of the best indicators I've come across in ages. I like the way it can also highlight divergences when price slips off the slide. I find it can lag price a bit at the standard 13,4 settings and approximately halving these seems to help in some situations. Looks like it could also work well in combination with bollinger bands. Anyone else had any particular experience or learning from using this? thanks.
Madrid
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ChartArt
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This is the one year trend of the Bitcoin price - with data since 2012 - analyzed with your great indicator: