Time Series Forecast
The Time Series Forecast indicator is designed to show statistical trends over a period of time and can give an indication of trend continuation.
TSF fits itself to the underlying price data instead of averaging prices so tends to be more responsive to sudden changes in price than a moving average.
When the Price moves above TSF this indicates a bullish trend and when the Price falls below TSF this indicates a bearish trend.
The calculation is too complex to detail in this short article. It is based on Linear Regression Analysis with a default time period of 20 bars.