OPEN-SOURCE SCRIPT
linear regression support and resistance
Another way to look on linear regression is to create model for support and resistance
as we see we had nice support at 7450 before btc got crazy and jump , breaking the highest resistance all the way up
support in black line
resistance in red line
code for linear taken with author consent
as we see we had nice support at 7450 before btc got crazy and jump , breaking the highest resistance all the way up
support in black line
resistance in red line
code for linear taken with author consent
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.