A trendline is a line drawn over pivot highs or under pivot lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance in any time frame. They show direction and speed of price, and also describe patterns during periods of price contraction....
A statistic can bemore than one type. For example, the samplestandard deviationcan be used as a descriptive statistic to describe thestandard deviationof a sample. It can be used as an estimator: To estimate the population standard deviation. And it can be used to test a theory (ahypothesis...
The steps below describe how to edit the legend and tell the user which chart series belong to which y-axis. Press with mouse on the empty legend entry and delete. Do the same with Series4. Move the legend below. Add more descriptive text. ...
Regression statistics is an array of various parameters that describe how well the measured linear regression is. Multiple Ris a correlation coefficient parameter that indicates the correlation between variables. Its value ranges from -1 to +1. The bigger the value, the stronger the correlative relat...
Uptrend is a term used to describe an overall upward trajectory in price. Many traders opt to trade during uptrends with specific trending strategies.
You can add data labels to your Google Sheets graph. To make it easier to see how indicators change, you can add a trendline. Choose the location of a chart legend, it can be below, above, on the left, on the right side or outside the chart. As usual, one can change the font....
Regression Statistics:Regression Statisticsis an array of various parameters that describe how well the measuredLinear Regressionis. Multiple R: Multiple Ris a Correlation Coefficient parameter that indicates the correlation between variables. Its value ranges from-1to1. The bigger positive the value, th...
"gather together or acquire an increasing number or quantity of". You accumulate a lot of things in life: wealth, strength, friends, etc. In the stock market, accumulation is used to describe the accumulation of shares by traders. The more people that buy, the more shares that are then ...
Scatter plots are excellent charts for showing a relationship between two numerical variables across a number of unique observations. We see them in business communications from time to time, although they’re much more commonly used in the “exploration” part of the process—when we’re still ...
A shape style. Must contain one fillref child element to define the background color of the shape, may contain additionally one lnfill child element and its subsequent child elements to describe the outline of the shape. Example: <shapestyle name="Bubble"> <fillRef name="bg1"/> <lnfill>...