This script finds sell / buy rates and adds its linear regression to the chart. its aim is finding buying and selling power, then you can try to find trend reversals. Also you can find divergences, it's very important signal for trend reversal.
Linear regression is a basic and commonly used type of predictive analysis.
if you choose lower periods then it will be more sensitive. I choose 34 as it's one of fibonnaci number.
If you find my works useful, please consider a donation BTC: 16XRqyS3Vgh1knAU1tCcruqhUrVm4QWWmR
@LonesomeTheBlue : Thanks for sharing the indicator,I appreciate your hard work.
Could you please suggest, which indicator you used in the main chart for showing the ARROW [Green & Red]
electricalDove59187
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The graph is not displaying in my trading view
ViperFutures
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Thank you Sir! I am no coder but I have a good backtest done here with this and think this may help scalp the Micro NQ pretty well. I will keep you posted. If you have recommendations I am all ears. And thank you for the dedicated work sir! From Austin TX USA!
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