Orion Regression Field [JOAT]

Orion Regression Field [JOAT]

Introduction

Orion Regression Field builds a weighted regression valuation field with standard error bands, curvature options, compression detection, and reprice signals.

This open-source indicator is designed as a context tool, not a standalone trading system. It focuses on explaining the current market state with restrained visuals and confirmed-bar logic where signals are used.



Core Concepts

1. Weighted Regression

Recent bars can receive more influence while still preserving a full model window.

2. Standard Error Bands

Inner and outer bands show statistical distance from the modeled path.

3. Curvature and Confidence

Optional curvature and R2-style confidence control when the field is considered reliable.

4. Pinch and Reprice

Compression and outer-band reactions create filtered reprice events.

Features

• Weighted regression midline
• Inner and outer SEE bands
• Optional curvature
• Pinch shading and projection field
• Filtered reprice labels

Input Parameters

• Regression window and projection bars
• Curvature toggle and weight floor
• Minimum R2 confidence
• Inner and outer band multipliers
• Pinch ratio and cooldown

How to Use This Script

Use the field as statistical fair-value context. Outer band interaction means stretch, not automatic reversal.

Limitations

• The script uses historical OHLCV data and cannot know future prices.
• Signals and states can be late during fast reversals because confirmed-bar logic is used to reduce repainting.
• Model outputs should be interpreted with market context, risk controls, and independent analysis.
• No visual state should be treated as a certain trade outcome.

Originality Statement

Orion is original in combining weighted regression, curvature, standard error fields, compression context, and filtered reprice logic.

Disclaimer

This indicator is provided for educational and informational purposes only. It is not financial advice, investment advice, or a recommendation to buy or sell any financial instrument. All calculations are derived from historical market data and may produce inaccurate readings in some market conditions. No indicator can predict future market behavior. Use proper risk management and independent judgment.

-Made with passion by jackofalltrades