A very useful combination between RSI and linear regression that shows a clear trend.
It is not recommended to be used for entry/exit points as it is.
It's very powerful for trend analysis and divergences.
Linear regression is a tool for statistical analysis that attempts to show a relationship between two variables. Linear regression looks at various data points and plots a trend line. Linear regression can create a predictive model showing trends of data.
Can be used with any time frame, mtf is also added Alerts are added for RSI crossing the channel lines