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Description
The linear regression channel indicator is a technical analysis tool that plots a three-line channel on a price chart, based on the linear regression of the price movement. The channel consists of a middle line, which represents the trend line of the price, and two parallel lines, which are drawn at a certain standard deviation above and below the middle line. The linear regression channel indicator can help traders identify the direction, strength and reversal points of a trend.
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// The author hid the code of this algorithm
WH
whiterabbit
Joined 11.12.2022
- Type: paid
- Language: C#
- Trading Platform: cTrader Automate
- Filename: Linear Regression Channel Demo.algo
- Rating: 0
- Downloads: 0
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