OPEN-SOURCE SCRIPT

Linear Regression Indicator

This tool can be used to determine the direction of the current trend.

The indicator changes the color of the candles based on the direction of the linear regression formula. This is made settings the length of the short-term linear regression in the settings, the longer one is also based on that parameter but significantly larger.

The indicator also plots the average between the two linear regression lines used in the candle coloring formula, and can be used both for support and resistance or as a trend line used to analyze breakouts.
candlecolorlinear-regressionLinear RegressionSupport and ResistanceTrend Analysis

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

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