Trend Line wi 3-Points

Apr 9, 2022

Hello, my friends. This is a new version of the trend line regression indicator, which always finds quantitive trend lines with three key points.

(1) Indicator description

• This indicator finds a trend line with three key points on the historical K-line
  
• Solving the problem of calculation timeout based on a faster trend line regression algorithm
  
• Supports filtering unwanted trend lines by setting a trendline strength threshold
  
• It's suitable for most markets and timeframes
  

(2) Key parameters
- Pivot High/Low Settings

• Pivot Lookback Left: Number of K-lines to look back left from the pivot top/bottom
  
• Pivot Lookback Right: Number of K-lines to look back right from the pivot top/bottom
  

- Trend Line Regression

• Max of Lookback Forward: The maximum number of historical K-lines
  
• Min Regression Strength: The minimum strength threshold for trend line regression
  
• Multiply Regression Std: The width of the trend line to display on the chart
  

(3) Script description

• Due to some circumstances that I don't want to see, subsequent scripts will not be open source, but you can still use the script for free. Thanks for your understanding and support!
  
• If you have any suggestions or comments about the script, please feel free to leave your comments!
  

Happy trading, and enjoy your life!

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各位朋友大家好，这是一个全新的趋势线回归指标。该指标总是会找到在图表中具有3个关键点的合理趋势线

(1) 指标说明

• 该指标在历史K线上找到具有3个关键点的趋势线，并绘制于图表上
  
• 基于更快速的趋势线回归算法，解决了计算超时的问题
  
• 支持通过设置趋势线强度阈值过滤不需要的趋势线
  
• 该指标适用于大部分市场和时间周期
  

(2) 关键参数
- Pivot High/Low Settings

• Pivot Lookback Left: 枢纽顶/底点往左回顾的 K线 数量
  
• Pivot Lookback Right: 枢纽顶/底点往右回顾的 K线 数量
  

- Trend Line Regression

• Max of Lookback Forward: 回顾历史 K线 的最大数量
  
• Min Regression Strength: 趋势线回归的最小强度阈值
  
• Multiply Regression Std: 趋势线的显示宽度
  

(3) 脚本说明

• 因为出现了一些我不希望看到的情况，后续的脚本将不再开源代码，但是您依然可以免费使用该脚本，感谢理解和支持！
  
• 如果您存在对于该脚本的使用建议或者意见，欢迎各位留言！
  

祝大家交易愉快

Apr 11, 2022

Release Notes

2022-04-11 Updates for script Trend Line wi 3-Points

(1) Update description

• Supports setting alerts for trend lines, and pop alerts immediately after a trend line appears;
  
• New version is more suitable for short-term trading but better to wait for trend lines to be confirmed or broken;
  
• The number of parameters is reduced to 3, which makes operation and setting more convenient
  

(2) Key parameters
- Trend Line Regression

• Pivot Lookback Period: Number of K-lines to look back left/right from the pivot top/bottom
  
• Max of Lookback Forward: The maximum number of historical K-lines
  
• Min Regression Strength: The minimum strength threshold for trend line regression
  

Happy trading, and enjoy your life!

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(1) 更新说明

• 支持设置趋势线形成的警报，当前K线出现趋势线后立即提醒
  
• 更加适合于短线交易，但是您需要留意趋势线是否确认或被突破
  
• 参数减少为3个，操作和设置更加方便
  

(2) 关键参数
- Trend Line Regression

• Pivot Lookback Period: 枢纽顶/底点往左/右回顾的 K线 数量
  
• Max of Lookback Forward: 回顾历史 K线 的最大数量
  
• Min Regression Strength: 趋势线回归的最小强度阈值
  

祝大家交易愉快

May 6, 2022

Release Notes

2022-05-06 Updates for script Trend Line wi 3-Points

(1) Update description

• Add function: Support delaying N bars to confirm trend line;
  

(2) Key parameters
- Trend Line Regression

• Pivot Lookback Period: Number of K-lines to look back left/right from the pivot top/bottom
  
• Max of Lookback Forward: The maximum number of historical K-lines
  
• Min Regression Strength: The minimum strength threshold for trend line regression
  
• Delay to Confirm Trend Line: Delay N bars to confirm the trend line
  

Happy trading, and enjoy your life!

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(1) 更新说明

• 新增功能：支持设置延迟 N 根 K 线以确认趋势线；
  

(2) 关键参数
- Trend Line Regression

• Pivot Lookback Period: 枢纽顶/底点往左/右回顾的 K线 数量
  
• Max of Lookback Forward: 回顾历史 K线 的最大数量
  
• Min Regression Strength: 趋势线回归的最小强度阈值
  
• Delay to Confirm Trend Line: 延迟 N 根 K 线以确认趋势线
  

祝大家交易愉快