INVITE-ONLY SCRIPT

Mayfair Advanced Regressions 1.0

This indicator maps two regressions.

The outer regression (green straight lines in the chart) tracks the main trend. It save you from working out your own trend channels, BUT it does move with the price, so it is different from a static channel. You can use it as a template for drawing static channels though.

The inner regression (the curved lines) is a parabolic regression. It shows the shorter term trend within the outer trend. This helps traders to judge when it is right or wrong to take a position on the edge of the main regression, based on whether the inner regression is indicating an acceleration out of the channel, or is shaping to go with the main trend.

We find it works best if there is a clear trend. If the market is not trending, then there isn't much point using a trend analysis tool like this.

Like all indicators, it is not perfect, and you should never rely on one indicator in any situation.

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Paul_Varcoe directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

To buy this script, please go here: https://launchpass.com/mayfair-trading-and-mentoring/regressions

Warning: please read our guide for invite-only scripts before requesting access.

Paul_Varcoe

eBook ON SURVIVAL: amazon.co.uk/dp/B0BSY763W3

THE CITY TRADERS: thecitytraders.com/?aff=9

Discord: discord.gg/Ma7SnExcWA

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