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.