Indicators: LRMA

 

LRMA:

Moving average indicator with the linear regression smoothing algorithm (linear regression moving average).

This indicator clearly shows market trends dividing a price chart into two sectors. If a price is above the indicator line, the trend is going upwards. If a price is below the indicator line, the trend is going downwards.

Author: Nikolay Kositsin

LRMA (linear regression moving average)

 
This works as expected. Nice job.
Reason: