Indicators: LinearRegSlope_V1_HTF_Signal
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LinearRegSlope_V1_HTF_Signal:
LinearRegSlope_V1_HTF_Signal shows a trend direction as a graphic object with colored trend indication and sends alerts or audio signals in case the trend changes.
In case a trend continues at the selected bar, the indicator alerts by a graphic object in the form of the triangle with the vertex pointing to the right, the color of which corresponds to a trend direction. In case a trend has changed at the selected bar, the indicator alerts by the arrow, color and direction of which correspond to a performed deal direction.
Author: Nikolay Kositsin
Fig.1. Market entry signal
Fig.2. Trend continuation signal