[Zekis]RSI Linear Regression
A very useful combination between RSI and linear regression that shows a clear trend.
It is not recommended to be used for entry/exit points as it is.
It's very powerful for trend analysis and divergences.
Linear regression is a tool for statistical analysis that attempts to show a relationship between two variables. Linear regression looks at various data points and plots a trend line. Linear regression can create a predictive model showing trends of data.
Can be used with any time frame, mtf is also added
Alerts are added for RSI crossing the channel lines
It is not recommended to be used for entry/exit points as it is.
It's very powerful for trend analysis and divergences.
Linear regression is a tool for statistical analysis that attempts to show a relationship between two variables. Linear regression looks at various data points and plots a trend line. Linear regression can create a predictive model showing trends of data.
Can be used with any time frame, mtf is also added
Alerts are added for RSI crossing the channel lines