"RaffRegressionChannel" (Financial Indicator)
"RaffRegressionChannel" (Financial Indicator)
Sometimes abbreviated as RRC.
Is a statistical indicator.
Is computed using the high, low, and closing prices.
Returns three time series consisting of a linear regression trendline for all the data and parallel lines enclosing all the high and low prices.
Examples
See Also
Indicator Types: LinearRegressionTrendlines ▪ StandardDeviationChannels ▪ BollingerBands ▪ KeltnerChannels
History
Introduced in 2010 (8.0)