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
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
오픈 소스 스크립트
트레이딩뷰의 진정한 정신에 따라, 이 스크립트의 작성자는 이를 오픈소스로 공개하여 트레이더들이 기능을 검토하고 검증할 수 있도록 했습니다. 작성자에게 찬사를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 코드를 재게시하는 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.