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I was hoping to find a formula that would be able to help me build an indicator which would draw a straight linear regression line through closing prices and then placing an upper and lower parallel line 2 standard deviations away from the linear regression line. I'd like to build the indicator and parallel lines so that I could use them in explorer. Can anyone tell me what function I would use? I can find a way to use linear regression for bands, but not straight lines. Any help or pointing in the right direction would be appreciated.
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