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There are several nice Linear Regression Channel scripts in the Public Library. and I tried to make one with some extra features too. This one can check if the Price breaks the channel and it shows where is was broken. Also it checks the momentum of the channel and shows it's increasing/decreasing/equal in a label, shape of the label also changes. The line colors change according to direction.
using the options, you can;
- Set the Source (Close, HL2 etc)
- Set the Channel length
- Set Deviation
- Change Up/Down Line colors
- Show/hide broken channels
- Change line width
meaning of arrows:
⇑ : Uptrend and moment incresing
⇗ : Uptrend and moment decreasing
⇓ : Downtrend and moment incresing
⇘ : Downtrend and moment decreasing
⇒ : No trend
An example for how color of lines, arrow direction and shape of label change.
Enjoy!
There are several nice Linear Regression Channel scripts in the Public Library. and I tried to make one with some extra features too. This one can check if the Price breaks the channel and it shows where is was broken. Also it checks the momentum of the channel and shows it's increasing/decreasing/equal in a label, shape of the label also changes. The line colors change according to direction.
using the options, you can;
- Set the Source (Close, HL2 etc)
- Set the Channel length
- Set Deviation
- Change Up/Down Line colors
- Show/hide broken channels
- Change line width
meaning of arrows:
⇑ : Uptrend and moment incresing
⇗ : Uptrend and moment decreasing
⇓ : Downtrend and moment incresing
⇘ : Downtrend and moment decreasing
⇒ : No trend
An example for how color of lines, arrow direction and shape of label change.
Enjoy!
版本注释
Added an option "Show Fibonacci Levels", it can show Fibonacci levels of the channel. and also added alert (before someone asked me to add alert :)Example: Fibonacci Levels
版本注释
Two new alerts added:-> Up trend
-> Down trend
(users request)
版本注释
added color option for broken lines
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🤝 Telegram community:
t.me/LonesomeTheBlue_Official
💰 Subscription to Pro indicators:
Tradingview.com/spaces/LonesomeTheBlue/
lonesometheblue.com/
🤝 Telegram community:
t.me/LonesomeTheBlue_Official
💰 Subscription to Pro indicators:
Tradingview.com/spaces/LonesomeTheBlue/
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
🎓 Free Mini Course:
lonesometheblue.com/
🤝 Telegram community:
t.me/LonesomeTheBlue_Official
💰 Subscription to Pro indicators:
Tradingview.com/spaces/LonesomeTheBlue/
lonesometheblue.com/
🤝 Telegram community:
t.me/LonesomeTheBlue_Official
💰 Subscription to Pro indicators:
Tradingview.com/spaces/LonesomeTheBlue/
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。