DevLucem

Linear Regression ++

Due to public demand

Linear Regression Formula
Scraped Calculation With Alerts

Here is the Linear Regression Script For traders Who love rich features

Features
++ Multi time frame -> Source Regression from a different Chart
++ Customized Colors -> This includes the pine lines
++ Smoothing -> Allow Filtered Regression; Note: Using 1 Defaults to the original line. The default is 1
++ Alerts On Channel/Range Crossing


Usage
++ Use this for BreakOuts and Reversals
++ This Script is not to be used Independently


Risks
Please note, this script is the likes of Bollinger bands and poses a risk of falling in a trend range.
Signals may Keep running on the same direction while the market is reversing.


Requests
If you have any feature requests, comment below or dm me. I will answer when i can.
Feel free to utilize this on your chart and share your ideas


For developers who want to use this on their chart, Please use this script
The original formula for calculation is posted there


❤❤❤ I hope you love this. From my heart! ❤❤❤
Release Notes: update to line thickness
Release Notes: New Features Addition

++ Display Old Signals ✔️✔️
-- Select All Option In the "Display Signals"
++ Bar Replay For All Users ✔️✔️
-- 1. Draw a vertical line where you want to replay
-- 2. Go to Indicator Styles and enable Bar Index
-- 3. Hover On your vertical line and check the value of the Bar Index On Indicator Data
-- 4. Open Indicator Inputs And Set this number In the "End At Bar Index"
-- 5. Go Back To Settings And Disable Bar Index For Normal Chart Zoom

Thanks For the Love, Always Open to More Suggestions
++ Yes This Indicator Can Be Used On Any TimeFrame and Any Pair/Symbol ✔️✔️
++ There is 'NO REPAINT' recorded, Ignore the tradingview warning unless your Resolution Option is not set to "Same As Symbol" ✔️✔️

🤖🤖🤖🤖🤖🤖🤖🤖🤖🤖
Automate TradingView Alerts
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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?