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Indicators: LinearRegression

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Automated-Trading
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Automated-Trading 2012.02.09 12:30 

LinearRegression:

When applied to financial markets this method is usually used to determine the moments of prices extreme deviation from a "standard" level.

Creation of a trend line using linear regression is based on the least squares method. This method assumes that a straight line is created that pass through the price points so that the distance between the prices points to the line is as short as possible.

Author: Nikolay Kositsin

Linear Regression indicator

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