Linear Regression Slope
TrendOwn panel belowOnly the slope of the straight line fitted to the recent window.
What it looks like
Drawn by running the real calculation over one sample series. Open a symbol and it is recalculated on that symbol's bars.
How to read it
Above zero the window is rising, below it is falling, and a bigger number means a steeper rise. Because it plots slope rather than price, it shows a run flattening before price does.
Where it misleads
The magnitude depends on the symbol's price level, so do not compare it across symbols.
Default settings
You can change these on the chart. These are the values it starts with.
In SQMATE
One tap to add
Open a symbol, tap the name in the indicator list and it is drawn straight away. You can stack several copies of the same indicator with different settings.
Recalculated per timeframe
Switch between minute, hourly, daily, weekly or monthly bars and it is recalculated on that timeframe. The maths runs over every bar loaded, so zooming never moves the line.
Use it as a search condition
Some indicators can also be used as an axis when searching for symbols — for example, keeping only symbols above a given reading, scanned every night.
Related indicators
- Accumulative Swing Index (ASI)A running total of how much each bar really moved.
- Random Walk Index (RWI)Whether the current move is larger than a random walk would explain.
- Trend Intensity Index (TII)How much of the recent window closed above its average, scaled 0–100.
- Vertical Horizontal Filter (VHF)Another way of measuring whether the market is trending or ranging.
- Chop ZoneThe slope angle of a moving average turned into a colour band.
- Chandelier ExitA level hung below the recent high (or above the recent low) by a multiple of the average range.
Every indicator is an observation computed from past bars. It does not tell you future prices and it is not investment advice.