Raff Regression Channel

Raff Regression Channel
Raff channel was designed by Gilbert Raff.
This indicator provides a framework for a price trend.
It is composed of three lines:
* A middle right: it corresponds to a linear regression line.

Raff Regression Channel
Linear regression is a statistical tool used to predict future values from past values.

Raff regression Channels contain price movement, with the bottom channel line providing support and the top channel line providing resistance. Prices may extend outside of the channel for a short period of time.

See also: Channel, Trading, Regression, Future, Linear Regression