Syntax
Public Function LinearRegressionForecast(chart_ID As Long,applyTo As ENUM_APPLIED_PRICE,period As Integer) As StringDescription
Linear regression analysis is the most widely used of all statistical techniques: it is the study of linear, additive relationships between variables.
Parameters
| Key | Description |
| chart_ID | Chart identifier, 0 is the current chart ,value of type Long |
| applyTo | Applied price , can be one of theENUM_APPLIED_PRICE. |
| period | The calculation period, on which the indicator will be calculated, value of type Integer. |
Return value
Returns the handles of a technical indicator, in case of failure returns an empty string.
Sample
Public Sub main()AlertMessage (LinearRegressionForecast(0,PRICE_CLOSE,9))'Draws the indicator on chart and shows a message box with the indicator name.End SubSee Also