Linear Regression Channel was the first time introduced by a trader named Gilbert Raff in 1991. This channel is drawn on chart as two paralles lines remoted from Linear Regression Trendline up and down for the same distance. Borders of Linear Regression Channel can perform as resistance level (bottom border) and support level (upper border).
You might also be interested in:
- Candlestick Analysis
- Exponential Moving Average
- Accumulation Swing Index
- Forex Fractals Trading Strategy
- How to use MACD Indicator
