The calculation basis of the Linear Regression Oscillator (LRO) indicator values includes the difference between the final and initial points of the linear regression.

The indicator is drawn in a separate window in the form of a histogram.

It has one parameter:

• Per - the number of bars (candles) used in calculation of the indicator value.

You can use the LRO indicator as an oscillator and open transactions under the following conditions:

1. When the histogram color changes.
2. When the zero line is crossed.
3. When a divergence is formed.