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[Zekis]RSI Linear Regression

13 441
A very useful combination between RSI and linear regression that shows a clear trend.

It is not recommended to be used for entry/exit points as it is.

It's very powerful for trend analysis and divergences.

Linear regression is a tool for statistical analysis that attempts to show a relationship between two variables. Linear regression looks at various data points and plots a trend line. Linear regression can create a predictive model showing trends of data.

Can be used with any time frame, mtf is also added
Alerts are added for RSI crossing the channel lines

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