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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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Release Notes
Shorter code and some improvements
LonesomeTheBlue
Wizard
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Also on:
buybuysignalMoving AveragesSELLsellsignalTrend AnalysisVolume

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
buybuysignalMoving AveragesSELLsellsignalTrend AnalysisVolume
LonesomeTheBlue
Wizard
🎓 Free Mini Course:
lonesometheblue.com/

🤝 Telegram community:
t.me/LonesomeTheBlue_Official

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

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.