Linear Regression is a graphical object on the Drawing toolbar, which is plotted as a guided regression channel. A regression channel is a channel that when building, will adjust its boundaries by itself.
Enabled on the Drawing toolbar with the button Linear Regression.
Linear Regression instrument settings
Parameters
Name | Description |
Up Line | This option enables / disables the display of the upper channel line on the chart. |
Center Line | This option enables / disables the display of the middle channel line on the chart. |
Down line | This option enables / disables the display of the lower channel line on the chart. |
Guide Lines | The option enables / disables the display of two vertical guides that bound the channel on the chart. |
Regression Type | Sets the type of lines displayed on the chart. |
Line
Name | Description |
Expand start | Extends all lines to the left of the chart beginning. |
Expand end | Extends all lines to the right from the chart beginning. |
Line Color | Sets the line color. |
Line Width | Sets the line width. |
Line Style | Sets the line display style: solid, dashes, point, dash-point, dash-two points. |
Object
Name | Description |
Visibility | Sets the parameter on which the channel will be displayed. |
Position | Display of a channel above or below the chart. |
Control points
Name | Description |
Time, Price | Ability to manually set the coordinates of points on the time and price scales. |
Lock | The option enables a position on the chart to be locked. |