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.