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Drakov,
You may want to try this:
{Moving Linear Regression Line}
Pe:=Input("Periods",3,1000,10);
Z:=LastValue(LinearReg(C,Pe));{try something other than close here}
Y:=LastValue(Cum(1))-Cum(1);
U:=Z-(LastValue(LinRegSlope(C,Pe))*Y);{and here}
R:=0-(LastValue(Cum(1))-Pe);
final:=U+Ref(C,R)-Ref(C,R);
final;
{end}
This indicator updates daily. If you plot a 5 day and a 10 day you
will notice a change in trend very quickly. You may wish to try mean
price or typical price instead of closing prices.
Kirk out.
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