Hi there,

I am looking for a simple linear regression tool that can draw the line like the thick white line on the picture attached. The idea is to use it together with BB. I found a couple of indicators but they are too fancy and I cannot get the line I need with their help.

The only setting which is present on the other program I am using for this picture is LR period (default is 9).

Any idea?

Attached Images

lenear regr.GIF (14.6 KB, 209 views)

Many people asked this question already and there are many linear regression indicators:
- this one
and many others.

Open this link http://www.forex-tsd.com/search.php and type
linear regression
and you will find many indicators (and opinions).

thanks newdigital. it is not that i did not look around - there are tons of everything similar to what i need but nothing is really working for me so far. the only thing i found that may look like what i want is this picture that you uploaded somewhere and it was an indicator with it (i attached this picture here). i copied it into my indicators and nothing happened. i would guess it is because this indicator was for mt3 and i have mt4. do you happen to have same thing that would work for mt4? i am not too much a computer kind of guy, so if you can, please make it foolproof. i saw several people were looking for the same idea - to cross linear regression line with BB and i did not find anybody who figured it out here, yet.
thank you.

Attached Images

regression_mt3.GIF (46.4 KB, 141 views)

May be lwma?