This channel is based on Linear regression by its % difference from the price
the high and the low are determine by the % from the close price . For the best fit you need to put the TF on the same min of the graph.
I put the channel to be 3 % above and bellow the price .by the same way you can add to the script more % line to make it better
this is good...
This indicator is 24 hours Linear regression line . with upper SD and lower SD (can be manipulated )
The idea is that the coin will bounce up or down around the LR line (red) when you go lower frame of 4h up to1 hour charts then you can see more easy the direction of the coin , its potential low or potential high , where the LR lead the way .
In this example we...
Regression Oscillator indicator script.
This indicator was originally developed by Richard Goedde (Stocks & Commodities V.15:3, Timing A Stock Using The Regression Oscillator).
First of all, huge credit to synapticEx , whose brilliant use of the security function inspired me to figure out a way to get quasi-shape boundaries automatically drawn on a chart.
This study draws upper and lower trend lines, based on configurable fractal*** reversal detection, calculates slope from the last two upper or lower reversal points, and then extends...
EXPERIMENTAL:
Bull and Bear power based on linear regression (this is a non lagging oscillator, the parameter are for the lookup window for the donchian extremes)
this indicator can also be used for convergence/divergence.
(accidentjev2) added option to show as accumulation
added another option to show as remainder of (bull minus bear)
![EURUSD: [RS]Linear Regression Bull and Bear Power Accumulation V0](https://s3.tradingview.com/5/5IKSJAZS_mid.png "[RS]Linear Regression Bull and Bear Power Accumulation V0")
![EURUSD: [RS]Linear Regression Bands V2](https://s3.tradingview.com/e/E2c7M9cV_mid.png "[RS]Linear Regression Bands V2")
![EURUSD: [RS]Vector Flow Channel V1](https://s3.tradingview.com/q/Qy1BG72G_mid.png "[RS]Vector Flow Channel V1")