OPEN-SOURCE SCRIPT
Updated

Exponential Regression Log Residual

426
This custom indicator measures the logarithmic residual between the current price and an exponential regression line, offering insights into relative overbought and oversold conditions on a logarithmic scale. It can be especially useful when analyzing assets that move exponentially over time, such as growth stocks or cryptocurrencies.
Release Notes
Removed Max Length
Release Notes
Added color gradient to the regression line

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