Linear Regression Reversal Indicator
For interpretation refer to the December 2003 issue of Technical Analysis of STOCKS & COMMODITIES magazine.
if l_val > l_val\1\ then
if l_val = l_val\1\ then LRR:=0;
Download to import into Tradecision.
How to use this indicator in Tradecision:
The indicator will be added to the Custom Indicators list.
- Click Download.
- Save this indicator in a safe location on your hard drive.
- Open Tradecision and in the Tools menu click Indicator Builder.
- In the Indicator Builder dialog, click Import, locate the saved file and then click OK.