Indicator Multi Timeframe Linear Regression Moving Average with signal line represents a multi-timeframe linear-regression moving average (LRMA) having a signal line.
It has four configurable parameters:
LRMA period - LRMA calculation period
Signal period - signal line calculation period
LRMA timeframe - LRMA timeframe
Drawing mode - drawing mode
Steps - by steps
Slope - by sloping lines
Fig. 1. Multi Timeframe Linear Regression MA. H4 data on the H1 chart, Drawing mode = Steps
Fig. 2. Multi Timeframe Linear Regression MA. H4 data on the H1 chart, Drawing mode = Slope