Linear Regression Slope Indicator Formula, Strategy

Linear Regression Slope Indicator is one of the technical indicators by using the linear regression (LR) technique which is applied in technical analysis. The slope value is crucial if one is comparing the market that trade within different ranges. The normalized slope value actually reflects the price change per bar of the regression line. This … Continue reading “Linear Regression Slope Indicator Formula, Strategy”

Linear Regression Forecast Indicator Profit-Making Method

The Linear Reg Forecast Indicator is the short name for Linear Regression Forecast Indicator. Here, the underlying indicator is linear regression, which is a statistical tool. Mainly it helps in predicting future price values from past price values. Therefore, the indicator performs regression analysis on optionally smoothed price data, forecasts the regression lines if desired. … Continue reading “Linear Regression Forecast Indicator Profit-Making Method”

Chande Forecast Oscillator Formula, Strategy

Chande Forecast Oscillator (CFO) was developed by Tushar Chande. This oscillator can be said to be an extension of linear regression-based indicators. This oscillator plots the difference between the closing price of the stock and the linear regression-based price forecast over a specific period of time. We can attach this indicator very easily to the Zerodha … Continue reading “Chande Forecast Oscillator Formula, Strategy”