OPEN-SOURCE SCRIPT

Chande Kroll R-Squared Index

Chande Kroll R-Squared Index script.

This indicator was originally developed by Tushar S. Chande and Stanley Kroll (see their book `The New Technical Trader`, Chapter 2: `Linear Regression Analysis`).
correlationLinear RegressionOscillatorsr2R-Squared MethodTrend Analysis

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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