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Popular Indicators

VarLinear Reg crossover LongTerm for Amibroker (AFL)

2 / 5 (Votes 3)

Shows Trend lines of Prices as well as the variable linear regression of the price.

Medium Term:
When Trend is up (If cross TL1 & TL2 lines), trendline is BightGreen.
When Trend is down (If cross TL2 & TL1 lines), trendline is Pink.

Long Term:
When Trend is up (If cross TL3 & TL4 lines), trendline is Blue.
When Trend is down (If cross TL4 & TL3 lines), trendline is Red.

Just modify the period of the regression line to what you would like to use for short/Medium & long terms.

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