Three Linear Regression Channels
SPDR S&P 500 ETF TRUSTArca
Description
⋅ Plot three linear regression channels using alexgrover's Computing The Linear Regression Using The WMA And SMA indicator for the linear regression calculations.
Settings
- Length: Number of inputs to be used
- Source: Source input of the indicator
- Midline Colour: The colour of the midline
- Channel One, Two, and Three Multiplicative Factor: Multiplication factor for the RMSE, determine the distance between the upper and lower level
- Channel One, Two, and Three Colour: The channel's lines colour
Usage
For usage details, please refer to alexgrover's Computing The Linear Regression Using The WMA And SMA indicator. Notes de version
⋅ - Added visibility toggles for the midline and channels one, two, and three
- Changed the style of the midline from a solid line to a dashed line