Regression Line Growth Rate
In statistics, linear regression is one of the most frequently used statistical modeling methods. Hence, traders use it to understand the direction of the trend.
This indicator shows the percentage of change of the regression line in the defined period. If the regression line is ascending, the displayed rate is positive, and if the regression line is descending, it is negative.
- Period - Data calculation period. (>1)
- Apply to - Reference price for calculations (Click for more information).
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