You are familiar with my dpLRL (Linear Regression Line) and that's the line in the picture. I wanted to something to tell me what a different period linear regression line was doing, so I decided to create some 'wallpaper' (the background) to show me. In the picture, the LRL is a smoothed 34 period. The wallpaper is a 21 period. When both are in agreement, you can see the results for yourselves. Add any other indicators that you think will help, and you have your set-up. Simple yet effective. Try it out and see if it helps. As always, leave a comment if you like it or hate it. Either way, they help the next version be better.
Best,
Dave P.
Category NinjaTrader 8 Indicators and More
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