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OPEN-SOURCE SCRIPT

SamLRSD

By smir
  • Linear Regression curve supported by Upper and Lower Standard Deviation bands to support your decision
  • Linear regression series is the average of Close and VWAP to guarantee volume is represented in calculation
  • Interpretation is similar to what you do with Bollinger Bands
Linear Regression

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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smir

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