Date/Time: Thu, 18 Jan 2018 10:13:23 +0000
Post From: Linear regression tool
|Marmany - Posts: 155|
Linear regression is statistically the wrong tool to analyse a sample size of less than 6 (also the channel angle becomes over dependent on price movement in last bar) you really need at least 11 bars. A moving average has far more validity when length less than 6.
Over small bar ranges you really need to dig into intrabar price action to appreciate what the market is up to.