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.
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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