The Supertrend is one of the most used indicators by traders when it comes to determining whether the market is up-trending or down-trending.
This indicator is displayed as a trailing stop, showing a lower monotonic extremity during up-trends and an upper monotonic extremity during down-trends. Today we propose a channel indicator based on the Supertrend trailing...
Tʜᴇ Lɪɴᴇᴀʀ Rᴇɢʀᴇꜱꜱɪᴏɴ Cʜᴀɴɴᴇʟꜱ
Linear Regression Channels are useful measure for technical and quantitative analysis in financial markets that help identifying trends and trend direction. The use of standard deviation gives traders ideas as to when prices are becoming overbought or oversold relative to the long term trend
The basis of a linear regression...
Greetings to all!
As you probably know, TradingView now supports interactive inputs that can be directly set on a chart. I decided to build a tool that takes advantage of this incredible feature. This tool applies robust linear regression within a time interval on the chart that you can select interactively.
The script uses an algorithm known as ...
Based on oryginal TV indicator BUT with a little twist. ;)
I really like the regression channel - but the problem is that the length needs to be always manually adjusted.
In this script I try to solve this issue.
This is modified version on TV indicator - Linear Regression Channel.
The main difference is that now you don't get static length - it is...
This channel is a second version designed by the famous american analyst Linda Raschke; it allows you to find the main trend and to implement a trend-following strategy. You can open a new long/short position when the price cross up the basis and the upper/lower band (jointly with other indicators).
Channels are used a lot on technical-analysis, however most of the them rely on adding/subtracting a volatility indicator to a central tendency indicator, sometimes the central tendency indicator can even be replaced by pure price. A great channel who does not rely on this kind of architecture is the Donchian channels or the quartiles bands. Here i...