OPEN-SOURCE SCRIPT

Log-Regression Channels RV

272
This Pine Script indicator plots an anchored logarithmic regression channel directly on the price chart. The user can define a start and end date for the regression period. The script calculates the regression on the logarithm of price and projects the trend line into the future. It also draws ±1, ±2, and ±3 standard deviation bands around the trend, with customizable colors, line widths, and line styles. A current sigma label shows how many standard deviations the latest price is above or below the regression trend.

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