Linear Regression Trendlines |
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I drew linear regression trendlines on both the prices and the Volume Oscillator.
Unlike the straight Linear Regression Trendline, the Linear Regression indicator plots the ending values of multiple Linear Regression trendlines.
Rather than plotting a straight Linear Regression Trendline, the linear regression indicator plots ending values of multiple linear regression trendlines.
The trend is based on linear regression analysis. The Time Series Forecast plots the last point of multiple linear regression trendlines. The Time Series Forecast does not exhibit as much delay as a Moving Average when adjusting to price changes.
See also: Trendlines, Linear Regression, Trendline, Regression, Point
 
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