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Linear Regression Forecast

It is the simple linear regression, which is a method to find the linear equation that best approximates a set of data points. The Linear Regression Forecast tries to go through several points minimizing the distance between them. The interpretation of the Linear Regression Forecast indicator is similar to the Moving Average but has the advantage of having a ‘delay’: since the indicator corresponds to a data line rather than an average, the Linear Regression Forecast is more sensitive to price changes.