Method to draw linear regression lines from average price advance&decline range
Version 2 - Linear Regression Slope. This version will have more freedom on picking your own length for all the Inputs. One of the main reason I changed it is because, Slope calculation on transition period was not being computed properly. Because the Version 1, looks back the length assigned, and compute the slope based on two candle readings, could be 10 days...
Corrected Version, for VERSION - 2 () updated for Custom Length, and fixed some formula glitches.
This is version 1 of the Linear Regression Slope. In ideal world the Linear regression slope values will remain same for any time period length. because the equation is y = mx+b, where m is the slope. All I did here is m = y/x The Main Purpose of this indicator is to see, if the Trend is accelerating or decelerating. The first Blue bar will caution when a...