OPEN-SOURCE SCRIPT

ORDINARY LEAST SQUARES Slope by @XeL_Arjona

ORDINARY LEAST SQUARES Slope by xel_arjona
Ver. 1 by Ricardo M Arjona xel_arjona

DISCLAIMER:

The Following indicator/code IS NOT intended to be a formal investment advice or recommendation by the author, nor should be construed as such. Users will be fully responsible by their use regarding their own trading vehicles/assets.

The embedded code and ideas within this work are FREELY AND PUBLICLY available on the Web for NON LUCRATIVE ACTIVITIES and must remain as is.


WHAT'S THIS?

This is a REAL mathematically approach of an ORDINARY LEAST SQUARES LINE FITTING SLOPE as TradingView currently don't have a native one embedded, neither as a pine function. Other "Sope" indicators from this linear regression model I found on public library are currently based on "momentum" rather tan slope.

Any modifications or additions are quite welcome!

Cheers!
xel_arjona
Linear Regressionlinreglinregslopeolsolsslopeordinaryleastsquaresregressionregressionanalysisslope

Skrip open-source

Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart

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