Description
The Linear Regression Channel 50% study is similar to Linear Regression Channel 100% with the only difference that upper and lower lines are placed at a distance equal to half of that used in the latter study.
Input Parameters
| Parameter | Description |
|---|---|
price | The price used in calculations. |
Plots
| Plot | Description |
|---|---|
MiddleLR | The Linear Regression Line of price. |
UpperLR | The upper line; resistance level. |
LowerLR | The lower line; support level. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.
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