OPEN-SOURCE SCRIPT
Updated Log Scale Linear Regression
This indicator is basically the standard linear regression but adjusted to be suitable for log scale.
You can use 2 different standard deviation values, choose the data source and lookback length.
The colors are chosen directly on the main menu.
Enjoy!
You can use 2 different standard deviation values, choose the data source and lookback length.
The colors are chosen directly on the main menu.
Enjoy!
Release Notes
- Updated to Pine V5- Indicator now uses interactive mode to select the starting point of the regression
- Added option to change the deviation multiples
- Added option to change line style (solid, dashed & dotted)
Release Notes
-Added option to input non integer deviation multiples (eg. 1.618, 2.5, etc)-Added option to fill deviations:
https://s3.tradingview.com/snapshots/v/VABgJQiw.png
Release Notes
-Added option to fill channel
@FractalTrade_
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
@FractalTrade_
Disclaimer
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