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
