Graphs slope of ohlc4 MACD When it =0, trend change play with slow&fast lengths as well as the length used to calculate the slope. -in progress(?) Vertical lines in the image are as close as I could get them to SMACD=0.
ORDINARY LEAST SQUARES Slope by @XeL_Arjona Ver. 1 by Ricardo M Arjona @XeL_Arjona DISCLAIMER: The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets. The embedded code and...
Moving average slope and momentum Analysis, dark color its speeding up, light color slowing
Version 2 - Linear Regression Slope. This version will have more freedom on picking your own length for all the Inputs. One of the main reason I changed it is because, Slope calculation on transition period was not being computed properly. Because the Version 1, looks back the length assigned, and compute the slope based on two candle readings, could be 10 days...
The Linear Regression Slope is based on the Curve. List of All my Indicators - www.tradingview.com
Corrected Version, for VERSION - 2 () updated for Custom Length, and fixed some formula glitches.
This is version 1 of the Linear Regression Slope. In ideal world the Linear regression slope values will remain same for any time period length. because the equation is y = mx+b, where m is the slope. All I did here is m = y/x The Main Purpose of this indicator is to see, if the Trend is accelerating or decelerating. The first Blue bar will caution when a...