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Linear Regression Indicator

M

mazen

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Linear Regression Indicator: Used to determine the overall market trend and estimate short-term volatility periods.
 
Once I used a setup based on Linear Regression and MACD. I found that quite useful. But eventually, its accuracy reduced. Nothing is permanent in the market dynamics.
 
When I used linear regression just out of curiosity on how this tool draws on the graph and the results were indeed quite good for analyzing support resistance.
 

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