New Indicator VSLRT

[BartStolarek]

Credit the methodology behind the indicator goes to user LonesomeTheBlue from Tradingview
https://www.tradingview.com/v/XVPeRgdt/

The Volume Supported Linear Regression Trend (VSLRT) identifies trend strength and potential reversals by analyzing price and volume slopes using linear regression. It compares buy and sell volume to confirm or contradict price trends, highlighting bullish or bearish intensity levels.

#trend

Arguments:

• candles : np.ndarray
• short_length : int - default = 20
• long_length : int - default = 50
• source_type : str - default = "close"
• sequential : bool - default = False

Returns:
tuple or tuple[np.ndarray, np.ndarray, np.ndarray, np.ndarray]
(short_price_slope, long_price_slope, short_intensity, long_intensity)

Example on Tradingview:

Example of charting on jesse the long term part of the indicator

[saleh-mir]

Hey man, this is incredibly detailed and well put. Thank you so much.

I need you to also make a pull request for the documentation.

Additionally, I need you to write tests for it.

Please avoid using the Talib library because I intend to remove it in the coming months, as it is very difficult to maintain the installation packages for it.

Hopefully, thanks to AI that we have these days, it shouldn't be that hard.

If you are using a loop and need to improve its performance, feel free to use the Numba package, which we already have.