Linear RegReversa
Linear RegReversa AFL might involve a reversal strategy based on linear regression analysis. Utilizing AmiBroker data feed, it potentially helps traders spot potential reversals in trends, aiding in timely entry or exit decisions.
/function LinearRegReversal( array, period )
{
Lr = LinearReg( array, period );
return IIf( Lr >= Ref( Lr, -1 ), 1, -1 );
}
Plot( LinearRegReversal( C, 5 ), "LR Reversal", colorBlue);
PlotGrid(1);
PlotGrid(-1);