Mikula Forecasting Company

Advanced Market Forecasting

MFClogo.jpg

MarketWarrior Regression Line Indicator

The chart below shows a Regression Line. A Regression Line uses a look back period and locates the middle of the price data over that look back period. This creates a line that usually cuts through the middle of the price action showing a moving center point for price action. The price swing will often revolve above and below the Regression Line.

Regression Line