What is lines regression?
The linear regression channel is a three-line technical indicator, which outlines the high, the low, and the middle of a trend or price move being analyzed.
-Linear regression analysis is used to predict the value of a variable based on the value of another variable.
On the other hand the slope is negative in a downtrend and it is then extending below the zero line.
The linear regression channel is a three-line technical indicator, which outlines the high, the low, and the middle of a trend or price move being analyzed.
-Linear regression analysis is used to predict the value of a variable based on the value of another variable.
On the other hand the slope is negative in a downtrend and it is then extending below the zero line.