OPEN-SOURCE SCRIPT

Custom Linear Regression Candles with Real-Time Price

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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.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.