PROTECTED SOURCE SCRIPT

B3 LSR Strategy- "Price Leading MovAvg"

B3 Least Squares Regression or "LSR" is very similar to the mid-line at the end of a linear regression channel, except that in a linear regression you cannot see the history of the regression well. There is also the linear regression and least squares curves in some platforms, and this would also be a similar indicator. The smoothness of my indicator and the back-to-basics approach to the mathematics sets it apart from the others. The look of this MA on a chart speaks for itself.

Some people like the flow of this indicator, as it will actually shoot out ahead of price. Most moving averages trail the price action; this one doesn't do that for long before it catches the price or begins to lead price. It isn't necessarily a future price predictor; think of it as a slope stylist. The slope of this indicator determines all painting and signals for the strategy. There are two available versions: with or without order placement.
b3biasleadingleastsquaresLinear RegressionMoving Averagessmoothedtradesignal

Protected script

This script is published closed-source and you may privately use it freely.

Want to use this script on a chart?


Also on:

Disclaimer