OPEN-SOURCE SCRIPT
DB LinReg Price Channel
DB LinReg Price Channel
What does the indicator do?
This indicator is very simple and designed to plot a quick linear regression channel for high, hlc3, and low. It allows the symbol and timeframe to be configured in the settings.
The purpose of the indicator is to obtain a price channel for the desired timeframe with outliers removed.
How should this indicator be used?
I personally use two of the indicators with one set to the current timeframe and the second set to 2x of the current timeframe. For example, 12H and Daily which gives you a fast and slow price channel for your desired timeframe. Price channels can help you know the value of the current price in respect to the timeframe and for pricing stop losses and liquidation levels.
Does the indicator include any alerts?
Not yet.
Use at your own risk and do your own diligence.
Enjoy!
What does the indicator do?
This indicator is very simple and designed to plot a quick linear regression channel for high, hlc3, and low. It allows the symbol and timeframe to be configured in the settings.
The purpose of the indicator is to obtain a price channel for the desired timeframe with outliers removed.
How should this indicator be used?
I personally use two of the indicators with one set to the current timeframe and the second set to 2x of the current timeframe. For example, 12H and Daily which gives you a fast and slow price channel for your desired timeframe. Price channels can help you know the value of the current price in respect to the timeframe and for pricing stop losses and liquidation levels.
Does the indicator include any alerts?
Not yet.
Use at your own risk and do your own diligence.
Enjoy!
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神，此腳本的創建者將其開源，以便交易者可以查看和驗證其功能。向作者致敬！雖然您可以免費使用它，但請記住，重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。