Description
The Linear Regression Reversal study indicates "+1" when the current value of Linear Regression Curve is equal to or greater than that of the previous bar and "-1" otherwise. Movements from "+1 to "-1" and vice versa might signal trend reversal.
Input Parameters
| Parameter | Description |
|---|---|
length
|
The number of bars used for Linear Regression Curve calculation. |
Plots
| Plot | Description |
|---|---|
LRR
|
The Linear Regression Reversal plot. |
ZeroLine
|
The zero level. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.