![]() Sell Signal: When the price is far above the line. īearish Trend: Whenever price falls below the indicator.īuy Signal: When the price is below the line. The TSF is more responsive to sudden changes in price.īullish Trend: Whenever price rises above the indicator. The TSF fits itself to the underlying price data rather than averaging the prices unlike the moving averages. The best fit line associated with the n points (x1, y1), (x2, y2). The slight difference from the Linear Regression indicator is that, the Linear Regression indicator does not add the slope to the ending value of the regression line. TSF is a linear regression calculation that plots each bar’s current regression value using the least square fit method.Įxample: The TSF value that covers 15 days will have the same value as a 15-day Time Series Forecast. TSF indicator is also termed as moving linear regression which is identical to a moving average. This indicator is mainly effective to predict future values based on previously observed values. “TSF” is a sequence of discrete -time data. ![]()
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