Technical Indicators

Linear Regression

Linear Regression is a statistical method of following the trend. Its results are usually close to the Moving average & methods of usage are similar.

Methods of usage

  • The direction of the indicator shows whether bullish or bearish trend is in the market at the moment.
  • The Crossing of the indicator and the price chart confirms the trends change. It only confirms because the change of this indicator is late in comparison with a price change.
Linear Regression