Lowest Low Value

The Lowest Low-Value indicator plots the lowest low price over a specific period. 

Previously on my other video called "Highest High-Value Indicator (HHV)" I explained how we can combine HHV with MA. (Link is provided below)

On this video, I am explaining how to use both LLV and HHV indicators combined with ATR to confirm trading signals.

HHV and LLV are very reliable in the trendy market, so it is wise to only use them when we have high ATR readings.

Linear regression slope indicator

  A statistical technique used to identify the strength and direction of the market trend is using the Linear Regression Slope as this is a centred oscillator type indicator. It fluctuates above and below a central line drawn at 0.

 This indicator can be used to measure the strength or weakness and direction of the momentum.

•  The momentum is positive when the slope is above 0

•  The trend is negative when the slope is below 0. 

Example:
If the normalized slope is 0.2, this means that the regression line is increasing at 0.20% rate per bar.
A slope of -0.50 suggests that the regression line is decreasing at a rate of 0.50% per bar.

Linear Regression R-Squared Indicator

Linear regression R-Squared.



 1. Strategy in trendy market.
Combine the R-Squared with the Linear Regression Slope.

✔The R-Squared will determine how strong the trend is.

✔The Linear Regression Slope will determine the direction of the trend. Trade in the direction of trend using the Linear Regression Slope. The R-Squared should remain above 80. (You may find other numbers more confident)



 2. Strategy in not trendy markets.
Combines the R-Squared with Stochastic or any other indicator which gives you over-bought and over-sold signals.

 ✔Signals will be produced in accordance with Stochastic readings between the overbought and the oversold levels. The R-Squared should remain at low levels.

Linear Regression Intercept indicator

Trading Strategy 1- Combining LRI with LRF(Linear Regression Forecast Indicator) If you plot both LRF and LRI indicators together, then they act exactly like MA (moving averages). This means they give signals at crossings. ✔ Buy signal in an uptrend.(Only in uptrend open a buy position if you are not hedging) LRF goes above LRI ✔ Sell signal: When LRF goes below LRI 2- By itself: Replace LRF with the price line.