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Linear Regression Line - The best-fit line that explains the relationship between variables.
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Linear Regression Line - The best-fit line that explains the relationship between variables.
The Linear Regression Line Indicator is a free and popular MT4 indicator that is useful for Forex traders. It plots a linear regression line using a least squares fit method and two standard deviations from the line. This indicator is useful for traders who want to identify trends and reversals in the market. The indicator works by calculating the linear regression line and plotting the two standard deviations from it. These deviations can be used to identify support and resistance levels...
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