Live example
Settings and defaults
| Setting | Default | Allowed range |
|---|---|---|
| Source | Close | Open, High, Low, Close, High-low average, Typical price, OHLC average |
| Length | 14 | 3 to 500 |
What it plots
Drawn in its own pane below the price chart, with its own scale.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| R-squared | Ratio | Line | after 14 candles |
Questions
What are the default settings of Rolling R-squared?
The defaults are Source: Close, Length: 14. You can change every setting on the live chart.
Can I use Rolling R-squared for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.