Dow Theory – Multi-Timeframe Multi Linear Regression Channel v5

🎯 Why the Dow Theory Multi-Timeframe Was Born
Imagine a trader juggling a dozen charts just to answer a single question: “Where is price really going?”
Multi-timeframe analysis, while powerful, often feels like solving a puzzle with pieces scattered across screens. Drawing by hand adds another layer of chaos — every new line is a new opinion, not necessarily a new truth.

And that’s why this indicator was born — to make trend logic visible, objective, and automatic.

Dow Theory MTF is the chart’s own narrator. It scans multiple timeframes, detects real pivot structures, and draws clean, logical channels — no guesswork, no overload. Just clarity.

🧠 What Makes These Regression Channels Different
These channels don’t just trace price — they follow its footsteps with reason.
Forget smoothing techniques and fixed candle counts that behave like fortune-tellers in a thunderstorm. This indicator doesn’t assume — it detects.

No moving averages.

No candle-count bias.

Just pure High-Low logic, trend break confirmation, and regression lines that adjust to price volatility — whether you're trading lightning-fast spikes or molasses-slow consolidations.

It doesn’t just draw channels. It understands them.
It doesn’t just track trends. It proves them.

📦 What’s Inside?
📉 Secondary Trend
The dashed linear regression channel. Built from higher timeframe pivot highs/lows. Like the skeletal framework of a larger movement.

📈 Minor Trend
The solid-line regression channel using the same logic — zoomed in for tactical plays.

🔁 Dynamic Adaptive Linear Regression Channel (DALRC)
This one doesn’t show up unless it needs to. It appears only when secondary trends break. Think of it as the “emergency light” revealing when market structure fails — and where new opportunity sparks.

⏸ Sideway Zones (Consolidations)
Because not every market move is a trend.
Sideways ranges are detected when highs - lows cancel each other out — these zones become “traps” for liquidity, and are drawn as horizontal channels based on real pivot sequences (not arbitrary zones).
These are the calm before the storm — or the storm within the calm.

🕹 How to Use It
1. Breakout Entry Logic
Secondary trend breaks — a structural shift begins.

New trend forms — the indicator draws it.

Trap zones identified — price fails to make a higher high/lower low.

Minor trend taps the trap — pressure builds.

Minor trend breaks — confirmation.

💥 Enter the trade.

2. Trend-Following Logic
You’re within a valid intermediate trend.

Minor trend pulls back into trap zone (liquidity pool).

Minor trend breaks.

Ride the continuation.

3. Sideway Breakout Strategy
Price enters a sideways structure.

The indicator draws horizontal channels from real highs or lows sequences .

Wait for breakout beyond the top or bottom of this zone.

Confirm with minor trend alignment.

🚀 Enter on the breakout.

🧩 What It Actually Does (from the Code)
Detects highs lows structures from real high-timeframe price action.

Differentiates trending vs sideway conditions in real time.

Automatically draws:

Main trend lines.

Regression-based parallel channels.

Sideways zones with upper/lower bounds.

Detects trend break events and activates fallback logic (DALRC).

Deactivates and cleans up outdated channels and zones without redrawing manually.