OPEN-SOURCE SCRIPT
Linear Regression Projection Channel [CongTrader]
📌 Indicator Name
Linear Regression Projection Channel [CongTrader]
📝 Description (chuẩn SEO & Policy-safe)
Linear Regression Projection Channel [CongTrader] combines a dynamic Linear Regression Channel with pivot-based price projection to help traders visualize trend structure, volatility range, and potential future price zones.
The indicator calculates a rolling linear regression to define the central trendline and channel boundaries using standard deviation. In addition, confirmed pivot highs/lows are used to project a possible price path and highlight potential BUY/SELL ZONE areas.
This tool is designed for trend analysis, structure recognition, and projection visualization — not as a standalone trading system.
⚙️ Features
• Linear Regression Channel
• Dynamic trend slope detection
• Volatility-based channel width (StdDev)
• Pivot-based swing projection
• BUY ZONE / SELL ZONE labeling
• Clean overlay visualization
📊 How It Works
1️⃣ Regression Channel
A rolling linear regression defines the main trend direction and channel boundaries.
2️⃣ Trend Detection
Slope > 0 → Uptrend
Slope < 0 → Downtrend
3️⃣ Pivot Structure
Confirmed pivots identify swing points.
4️⃣ Projection Logic
The latest swing slope is extended forward to estimate potential price direction.
5️⃣ Projection Zones
BUY ZONE appears in uptrend projections
SELL ZONE appears in downtrend projections
🎯 Typical Use Cases
✅ Trend continuation analysis
✅ Pullback context within trend
✅ Visual projection reference
✅ Structure-based confluence
✅ Volatility envelope assessment
⚠️ Important Notes
• Pivot signals use confirmed pivots and may appear with delay
• Projection is an estimation, not a prediction
• Not financial advice
• Best used with confluence tools (S/R, Volume, PA…)
👤 Author
Created by CongTrader
linear regression, regression channel, trend projection, price projection, buy sell zones, market structure, technical analysis
Linear Regression Projection Channel [CongTrader]
📝 Description (chuẩn SEO & Policy-safe)
Linear Regression Projection Channel [CongTrader] combines a dynamic Linear Regression Channel with pivot-based price projection to help traders visualize trend structure, volatility range, and potential future price zones.
The indicator calculates a rolling linear regression to define the central trendline and channel boundaries using standard deviation. In addition, confirmed pivot highs/lows are used to project a possible price path and highlight potential BUY/SELL ZONE areas.
This tool is designed for trend analysis, structure recognition, and projection visualization — not as a standalone trading system.
⚙️ Features
• Linear Regression Channel
• Dynamic trend slope detection
• Volatility-based channel width (StdDev)
• Pivot-based swing projection
• BUY ZONE / SELL ZONE labeling
• Clean overlay visualization
📊 How It Works
1️⃣ Regression Channel
A rolling linear regression defines the main trend direction and channel boundaries.
2️⃣ Trend Detection
Slope > 0 → Uptrend
Slope < 0 → Downtrend
3️⃣ Pivot Structure
Confirmed pivots identify swing points.
4️⃣ Projection Logic
The latest swing slope is extended forward to estimate potential price direction.
5️⃣ Projection Zones
BUY ZONE appears in uptrend projections
SELL ZONE appears in downtrend projections
🎯 Typical Use Cases
✅ Trend continuation analysis
✅ Pullback context within trend
✅ Visual projection reference
✅ Structure-based confluence
✅ Volatility envelope assessment
⚠️ Important Notes
• Pivot signals use confirmed pivots and may appear with delay
• Projection is an estimation, not a prediction
• Not financial advice
• Best used with confluence tools (S/R, Volume, PA…)
👤 Author
Created by CongTrader
linear regression, regression channel, trend projection, price projection, buy sell zones, market structure, technical analysis
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.