Trendline

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Thomas H. Evang edited this page Aug 14, 2019 · 1 revision

A trendline is a sloping line drawn between two or more prominent points on the price chart.

A trend is formed once two or more peaks/troughs have touched the trendline.

You use the a third point to test the trendline

Questions

Why not use linear regression?

https://www.metastock.com/customer/resources/taaz/?p=113 https://www.investopedia.com/terms/t/trendline.asp

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