OPEN-SOURCE SCRIPT

LR Channel

Script draws actual positions of linear regression channel boundaries and doesn't repaint.
Green lines color - for a positive slope of standard linear regression channel, red - for a negative slope.
bandsChannelsLinear RegressionTrend Analysis

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 publication is governed by House rules. You can favorite it to use it on a chart.

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