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Sell / Buy Rates

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This script finds sell / buy rates and adds its linear regression to the chart. its aim is finding buying and selling power, then you can try to find trend reversals. Also you can find divergences, it's very important signal for trend reversal.

Linear regression is a basic and commonly used type of predictive analysis.

if you choose lower periods then it will be more sensitive. I choose 34 as it's one of fibonnaci number.

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Versionshinweise

Shorter code and some improvements

LonesomeTheBlue

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LonesomeTheBlue

🎓 Free Mini Course:
lonesometheblue.com/

🤝 Telegram community:
t.me/LonesomeTheBlue_Official

💰 Subscription to Pro indicators:
Tradingview.com/spaces/LonesomeTheBlue/

Auch bei: