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Of course. Here is the English translation of the provided text about Linear Regression Channels.
***
**1. Basic Components of the Linear Regression Channel**
The Linear Regression Channel consists of five parts: the regression line, the upper and lower channel lines, the regression confirmation zone, and the regression forecast zone.
* The **regression line** forms the central axis, created through the linear regression analysis of stock prices.
* The **upper and lower channel lines** indicate the support and resistance levels of the stock price.
* The **confirmation zone** and **forecast zone** are used to determine the start/end distance for analysis and to estimate the future price range, respectively.
**2. How to Draw the Linear Regression Channel**
* Determine two anchor points to define the scope of the time period.
* Within this range, draw a line segment—the regression line—that minimizes the sum of the squared lengths of the perpendicular distances from all price points to the line.
* Draw two lines parallel to the regression line, one passing through the highest price and the other through the lowest price within the selected period, forming the linear regression channel.
* Extend these three parallel lines to the right, typically as dashed lines, to form the complete Linear Regression Channel.
**3. Application Principles of the Linear Regression Channel**
* The length of the regression channel, once determined by the two anchor points, should not be changed arbitrarily. However, when the trend line changes significantly, the channel needs to be redrawn.
* In an **uptrend**:
* When the price breaks above the upper channel line, it is expected to surge and then pull back.
* When the price falls back to the regression line, it is expected to find support and bounce.
* When the price breaks below the regression line, it is a sell signal.
* When the price breaks below the lower channel line, it is a stop-loss signal.
* In a **downtrend**, the application principles are the opposite of those in an uptrend.
***
**1. Basic Components of the Linear Regression Channel**
The Linear Regression Channel consists of five parts: the regression line, the upper and lower channel lines, the regression confirmation zone, and the regression forecast zone.
* The **regression line** forms the central axis, created through the linear regression analysis of stock prices.
* The **upper and lower channel lines** indicate the support and resistance levels of the stock price.
* The **confirmation zone** and **forecast zone** are used to determine the start/end distance for analysis and to estimate the future price range, respectively.
**2. How to Draw the Linear Regression Channel**
* Determine two anchor points to define the scope of the time period.
* Within this range, draw a line segment—the regression line—that minimizes the sum of the squared lengths of the perpendicular distances from all price points to the line.
* Draw two lines parallel to the regression line, one passing through the highest price and the other through the lowest price within the selected period, forming the linear regression channel.
* Extend these three parallel lines to the right, typically as dashed lines, to form the complete Linear Regression Channel.
**3. Application Principles of the Linear Regression Channel**
* The length of the regression channel, once determined by the two anchor points, should not be changed arbitrarily. However, when the trend line changes significantly, the channel needs to be redrawn.
* In an **uptrend**:
* When the price breaks above the upper channel line, it is expected to surge and then pull back.
* When the price falls back to the regression line, it is expected to find support and bounce.
* When the price breaks below the regression line, it is a sell signal.
* When the price breaks below the lower channel line, it is a stop-loss signal.
* In a **downtrend**, the application principles are the opposite of those in an uptrend.
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作者的說明
Of course. Here is the English translation of the provided text about Linear Regression Channels.
***
**1. Basic Components of the Linear Regression Channel**
The Linear Regression Channel consists of five parts: the regression line, the upper and lowe
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僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可，通常需在付款後才能取得。更多詳情，請依照作者以下的指示操作，或直接聯絡wz628262。
TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Of course. Here is the English translation of the provided text about Linear Regression Channels.
***
**1. Basic Components of the Linear Regression Channel**
The Linear Regression Channel consists of five parts: the regression line, the upper and lowe
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。