Description
The Linear Regression Trendline study plots the trendline of price for the entire chart based on Linear Regression analysis. This line is derived by approximating all the past prices of the specified type using the least-squares method.
Input Parameters
| Parameter | Description |
|---|---|
price
|
The price used in calculations. |
Plots
| Plot | Description |
|---|---|
MiddleLR
|
The Linear Regression Trendline. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.