The base code for this indicator was created by RicardoSantos and can be found here :
tradingview.com/script/oQWiBbH5-RS-Linear-Regression-Bull-and-Bear-Power-V0/
What I added is a signal line that indicates when to buy and when to sell.
Advised use :
Combine with a zero-lag indicator like ZeroLagEMA_LB by LazyBear (suggested period = 34)
tradingview.com/script/LTqZz3l9-Indicator-Zero-Lag-EMA-a-simple-trading-strategy/
Then use the following Rules of engagement :
Current price > ZLEMA & Signal line of BBP_NM is green : BUY
Current price < ZLEMA & Signal line of BBP_NM is red : SELL
Please click the like button if you dig this indicator !
tradingview.com/script/oQWiBbH5-RS-Linear-Regression-Bull-and-Bear-Power-V0/
What I added is a signal line that indicates when to buy and when to sell.
Advised use :
Combine with a zero-lag indicator like ZeroLagEMA_LB by LazyBear (suggested period = 34)
tradingview.com/script/LTqZz3l9-Indicator-Zero-Lag-EMA-a-simple-trading-strategy/
Then use the following Rules of engagement :
Current price > ZLEMA & Signal line of BBP_NM is green : BUY
Current price < ZLEMA & Signal line of BBP_NM is red : SELL
Please click the like button if you dig this indicator !
Check out my FREE indicator scripts:
► tradingview.com/u/Profit_Through_Patience/
► tradingview.com/u/Profit_Through_Patience/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Check out my FREE indicator scripts:
► tradingview.com/u/Profit_Through_Patience/
► tradingview.com/u/Profit_Through_Patience/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.