Linear trend

This oscillator based on linear regression . By subtracting the slower LMA from the faster LMA we can get a value, which we will further compare with zero. If the resulting difference is greater than 0, then we can assume that the trend is upward. Also by using offset we could increase the expected profit (focusing on backtest data).
You could get access for this script by the link below.

Release Notes

Added EMA200 as the simplest trend filter

Invite-only script

Only users authorized by the author have access to this script, and this usually requires payment. You can add the script to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author — learn more here. For more details, follow the author's instructions below or contact TradingAmmo directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

If you are interested, you can follow the link below and register on the platform that provides the possibility of auto-trading using API keys (for now only Binance has supported). There you have just to find the strategy with the same name

Warning: please read our guide for invite-only scripts before requesting access.

TradingAmmo

Ready-made strategies for auto trading | Binance | OKX | KuCoin |
tradingapp.pro

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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.

Invite-only script

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.