OPEN-SOURCE SCRIPT

Custom Linear Regression Candles with Real-Time Price

1 105
Hii this is great indicator to build by chatgpt.

How to use------------

1. It is based on the linear regression formula which gives you accurate market conditions.

2. You can do this with a RSI indicator so you can know overbought and oversell label.

3.If you want to get good accuracy then you can use chart type Heikin Ashi.

Input--------------

1. You can take linear regression length on different timeframes, in my backtest it was
5 to 15 min----30 and 1hour to 4hour---20 and Day---10 you can keep it.

2. You can pinpoint the highs and lows of the linear regression line.

--Please use it and give your feedback.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.