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Category
Multi-Bar Functions
Description
Linear regression
Syntax
LinReg(expr, {expr2,} count)
Parameters
expr - data series formula (Y values)
expr2 - optional second data series formula (X values -- a linear series from 1 to count is used if omitted)
count - lookback period
Notes
Calculates the endpoint of a linear regression of expr evaluated for the previous count bars.
This is equivalent to YInt + (Slope * latest_x_value).
This function is equivalent =FORECAST in Excel.
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