Function - Forecast Linear — Indicator by RicardoSantos

oscillator trendanalysis function utility forecast

Function to calculate a forecast using a linear regression approach, this is the same function used on excel and other data sheet programs.

reference:
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Release Notes:

updated description and added extra example

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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