Trend Degree Dashboard (Table)

📈 Trend Degree Dashboard (Table) — v1.0
This indicator calculates and displays the trend angle (in degrees) based on the linear regression of the selected source (default: close) over a user-defined lookback period (default: 21 bars).
The trend angle gives a quick visual reference of the current market slope — positive (uptrend) or negative (downtrend).

A dashboard table shows the trend angle directly on the chart, with a background color:

🟩 Green background for positive angles (uptrend)

🟥 Red background for negative angles (downtrend)

🔧 Features:
Customizable Lookback Period: Set the number of candles to consider for trend calculation.

Source Selection: Apply the analysis to close, open, high, low, or any other price series.

Dashboard Positioning: Choose where the dashboard appears (Top Left, Top Right, Bottom Left, Bottom Right).

Clean Table Design: Minimalistic and easy-to-read dashboard with automatic background color highlighting based on trend direction.

⚙️ How It Works:
It uses Linear Regression to measure the slope between two consecutive points.

Converts the slope into degrees using the arctangent function (atan) for a geometric interpretation of trend strength and direction.

Updates the dashboard table live with the latest angle value.

✅ Script Highlights:
Non-repainting: Once a bar closes, its value is fixed.

Efficient performance: Lightweight table visualization with no heavy calculations.

Clear trading signals: Positive angles suggest bullish momentum, negative angles suggest bearish momentum.

⚠️ Disclaimer:
This script is a technical analysis tool designed to assist in decision-making but does not guarantee results.
Please use it alongside other tools and practice proper risk management. Always test any indicator on demo accounts before applying it to live trading.