Enio_LR_Slope
Enio_LR_Slope is the slope curve of a Linear Regression Line. As such, it describes whether the LRL is decreasing or vice versa.
Its crossing above the Zero line is considered a Buy signal, and vice versa. This signal can also be used to confirm signals from other indicators.
The default setting is:
Slope curve, 30 periods
Cut-Off signal, 7-periods (This is a simple moving average of the Slope curve).
Cut-Off signals can be used for early buy/sell positioning.
Its crossing above the Zero line is considered a Buy signal, and vice versa. This signal can also be used to confirm signals from other indicators.
The default setting is:
Slope curve, 30 periods
Cut-Off signal, 7-periods (This is a simple moving average of the Slope curve).
Cut-Off signals can be used for early buy/sell positioning.