Topic: Linear Regression MA cross MA Envelope
Hi,
I am hoping that I am not overlooking another way to accomplish this but it seems as though to complete my strategy it will require a new indicator made.
I would like an indicator that generates a signal when a linear regression moving average interacts with an envelopes upper or lower bands.
It would be beneficial to be able to adjust the following
Moving Average Envelope: (very similar to existing envelope indicator with added individual band deviations)
MA Smoothing Method
Base Price
MA Period
Upper Band Deviation %
Lower Band Deviation %
Linear Regression Moving Average: (very similar to Moving Average indicator but utilizing least square values)
MA Smoothing Method
Base Price
MA Period
Shift
Trigger Points:
LRMA crosses the upper envelope from the outside to the inside
LRMA crosses the upper envelope from the inside to the outside
LRMA crosses the lower envelope from the outside to the inside
LRMA crosses the lower envelope from the inside to the outside
Thank you in advance for you help please advise if any further information is required.
Lee