MAx2 + LR
2x MA (high,low as source)
+ Linreg curve
Cheers
+ Linreg curve
Cheers
study("MAx2 + LR",overlay=true)
LR_curve=input(200)
show_LR_curve=input(true)
LR_offset=input(0)
ema= input(defval=false,title='use ema instead of sma?')
ma = ema? ema(high,200) : sma(high,200)
ma1=plot(ema(high,200),color=white, linewidth=2)
ma2=plot(ema(low,200),color=white, linewidth=2)
z=linreg(close,LR_curve,LR_offset)
col=z>z[1]? lime : red
plot(z and show_LR_curve? z : na,color=col)