Linear Regression Sketcher Indicator
Platform: MT5 Type: Trend Last update: August 10, 2024The Linear Regression Sketcher Indicator is a variation of a standard Linear Regression indicator. There are differences, instead of showing just the liner regression value, that indicator is showing corresponding linear regression lines too. That way it indicates what is the best linear regression fit (and trend) at the given time and price. In the result, you can use in trading two values: the linear regression itself and the rate of change of the linear regression value.
