Linear Regression

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

Top line

This option enables / disables the display of the upper channel line on the chart.

Middle line

This option enables / disables the display of the middle channel line on the chart.

Bottom line

This option enables / disables the display of the lower channel line on the chart.

Guides

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

Extend start

Extends all lines to the left of the chart beginning.

Extend 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

Display

Sets the parameter on which the channel will be displayed.

Position

Display of a channel above or below the chart.

Coordinates

Name

Description

Coordinates

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.



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