Linear Regression Sketcher Indicator

Introduction to the Linear Regression Sketcher Indicator The 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…

Linear Regression Channel Breakout Indicator

Introduction to the Linear Regression Channel Breakout Indicator The Linear Regression Channel Breakout Indicator draws mini Linear Regression Channels and when a breakout occurs, it marks the signal with an arrow. Note that these channels are really short-term, hence you will get a lot of them placed on the chart. The Linear Regression Channel Breakout…

Linear Regression Slope Indicator

Introduction to the Linear Regression Slope Indicator The Linear Regression Slope Indicator is, as the name suggests, an forex indicator that plots the slope of the linear regression channel. You can use it mainly for the determination of the market trend strength. The higher value of the Linear Regression Slope, the stronger trend-momentum takes place.…

Linear Regression Channel Indicator

Introduction to the Linear Regression Channel Indicator The Linear Regression Channel Indicator is one of the most popular forex price channel indicators, including Fibonacci Channel, Keltner Channel, or Andrews Pitchfork Channel. It consists of three extensions to each side. These extensions are used to analyze the upper and lower limits of an ongoing trend. It…

Linear Regression Indicator

Introduction to the Linear Regression Indicator The Linear Regression Indicator plots a highly sensitive moving average line that quickly responds to price action shifts and movements. The traditional moving averages tend to be lagging and produce late trading signals. That’s why the Linear Regression comes in handy for many forex traders. It uses better calculations,…