Linear regression curve (LSMA)
The end point of a straight line fitted to the last N prices, bar after bar.
Formula
LSMA = a + b × (N − 1), from the least-squares fit P = a + b × bar number
How to use it
A fast trend line with less lag than a simple average.
In Kereon
Charts · Superchart. Default length 25.
Also called: linear regression, least squares, regression curve.