The Linear Regression indicator is a tool in technical analysis that calculates and displays a trend line based on the linear regression method, that is, a line that minimizes the distance to price points over a specific period. This indicator helps traders identify the direction of the trend and predict future price movements by identifying dynamic support and resistance zones.
INDEX
- Settings-of-Use
Use Settings
Clicking on the indicator settings icon will open its configuration window, within which you can make several choices regarding the indicator's functionality.
Parameters
In the Parameters section you can select the data base and periods of the Linear Regression.
Series
In the Series section you can change the colors and style of the line.
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