OPEN-SOURCE SCRIPT
UCSgears_Linear Regression Slope

This is version 1 of the Linear Regression Slope. In ideal world the Linear regression slope values will remain same for any time period length. because the equation is y = mx+b, where m is the slope. All I did here is m = y/x
The Main Purpose of this indicator is to see, if the Trend is accelerating or decelerating.
The first Blue bar will caution when a strong trend is losing strength. I will leave the rest for you to explore.
I picked AAPL again, because it does have both up and down trend, in the recent time.
Mistake in the code
Corrected Version - tradingview.com/v/ec2jvh2Z/
The Main Purpose of this indicator is to see, if the Trend is accelerating or decelerating.
The first Blue bar will caution when a strong trend is losing strength. I will leave the rest for you to explore.
I picked AAPL again, because it does have both up and down trend, in the recent time.
Mistake in the code
Corrected Version - tradingview.com/v/ec2jvh2Z/
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
Uday C Santhakumar
udaycs.substack.com/
udaycs.substack.com/
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
Uday C Santhakumar
udaycs.substack.com/
udaycs.substack.com/
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。