Indicator Multi Timeframe Linear Regression Moving Average with signal line represents a multi-timeframe linear-regression moving average (LRMA) having a signal line.
It has four configurable parameters:
- LRMA period - LRMA calculation period
- Signal period - signal line calculation period
- LRMA timeframe - LRMA timeframe
- Drawing mode - drawing mode
- Steps - by steps
- Slope - by sloping lines
Fig. 1. Multi Timeframe Linear Regression MA. H4 data on the H1 chart, Drawing mode = Steps
Fig. 2. Multi Timeframe Linear Regression MA. H4 data on the H1 chart, Drawing mode = Slope
