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Time Series Forecast (TSF)
The Time Series Forecast is a trend indicator that uses a linear regression to calculate the trend of the price. It reduces the lag of a normal moving average due to it tries to forecast the price of the next period through statistical calculations with past data. This indicator’s interpretation is identical to a moving average. It generates signals through crossovers between the Time Series Forecast line and a moving average. When the Time Series Forecast line crosses the moving average upwards, the price is bullish and the indicator would open a position. When the opposite happens, it sends a sell signal to close the position or to open a short.
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