Linear Regression Indicator
Description:
The Linear Regression indicator plots a line through the
prices of a security in an attempt to minimize the
distance between the line and each individual point. The
method used to do this is called the "Least Squares"
method.
The Linear Regression indicator is based on the theory
that there is an underlying force that will pull prices
back to the regression line when they stray above or below
it.
Technical Analysis Studies Available