Linear Regression Channel for TradingView
$199.00
✔️ Shows you all the DYNAMIC support and resistance lines in real time.
✔️ Scans high-probability turning points on all time frames in real time
✔️ It constantly adapts to market movements, and works in real time.
It constantly adapts to market movements, and works in real time. So you can be sure that the trade setups you get are timely & fine-tuned to the current market conditions…
Hi there,
This “Linear Regression Channel for Tradingview” indicator shows you all the DYNAMIC support and resistance lines in real time. These lines represent high-probability turning points in the markets. So you can use them to determine your optimal trade entries and exits.
Best of all, these support and resistance lines are dynamic. Meaning, they continuously adapt to market movements. So you can be sure it gives you the most accurate entries and exits.
Let’s see it in action:
In this example on EUR/USD, price breaks outside the Linear Regression Channel’s orange line. This break tells us there’s a high probability that the price will bounce back down. And so we place a short trade.
Watch what happens next:
Just as the Linear Regression Channel for Tradingview indicator predicts, the market starts to move down almost immediately.
Before we go on, let me explain…
The secret behind Linear Regression Channel’s capabilities…
It’s all about math. I won’t bore you with the details. But statistics show that 70% of all price action happens within the inner blue lines of the Linear Regression Channel, and 95% of all price action occurs within the orange lines of the Linear Regression Channel:
And this fact gives you an important trading edge:
If the price ever goes outside these orange lines, this could represent a high-probability trade entry. Because there’s a great chance that the price will move back inside the Linear Regression Channel.
Here’s a little tip:
Look for high-probability entries provided by the Linear Regression Channel indicator AND in the direction of the underlying trend (which further increases your chance of winning).
Let’s take a look at an example on AAPL:
In this case, the underlying trend is up, so we’re looking for opportunities to go long. When price breaks outside the lower orange line of the Linear Regression Channel, this gives us a long trade setup.
Let’s see what happens next:
See how strongly the price plummets as soon as it touches the Linear Regression Channel’s orange line which servers as resistance level in this example?
That demonstrates the power of our Linear Regression Channel indicator.
Now let’s recap…
Key features of the Linear Regression Channel for Tradingview indicator:
+ This indicator scans high-probability turning points on all time frames in real time. And you can use these turning points as highly accurate entries and exits for your trades.
+ You can use it to trade with the trend. And you can use it to trade reversals.
+ No more confusion. No more uncertainty. The indicator gives you CLARITY which I think is exactly what most traders need the most.
+ It’s useful for new traders, and works even better for experienced traders.
+ If you already have a trading system that works for you, great. No need to change your system. Linear Regression Channel indicator complements your current trading system.
+ It works whether you’re a swing trader or a day trader.
+ You can fully adjust and optimize the indicator’s settings for each instrument.
+ Linear Regression Channel for Tradingview indicator works on all currency pairs, and on other markets (futures, stocks, options…)
Watch this video guide to see how it works:
Setting Manuals
1.Indicator Setting
Lookback Period: This setting adjusts the number of bars the indicator considers for calculating the Linear Regression Channel. A higher number provides a broader market perspective, while a lower number offers a more immediate view.
Dev 1, Dev 2, Dev 3, Dev 4: These settings determine the standard deviation levels for the channel lines. Dev 1 sets the first deviation level, Dev 2 the second, and so on. These levels help identify potential support and resistance areas.
2. Styling Settings:
Central Line Color: This option allows you to choose the color for the central line of the Linear Regression Channel, which represents the mean price level.
Dev 1 Line Color: Select the color for the first standard deviation line. This line often acts as the first layer of support or resistance.
Dev 2 Line Color: Select the color for the second standard deviation line, marking a stronger level of potential support or resistance.
Dev 3 Line Color: Select the color for the third standard deviation line, which can indicate significant support or resistance areas.
Dev 4 Line Color: Select the color for the fourth standard deviation line, representing an extreme but less frequently tested support or resistance level.
Central Line Width: Adjust the thickness of the central line for better visibility and differentiation from other lines.
Dev 1 Line Width: Customize the thickness of the first deviation line to distinguish it from other lines in the channel.
Dev 2 Line Width: Customize the thickness of the second deviation.
Dev 3 Line Width: Customize the width of the third deviation line.
Dev 4 Line Width: Adjust the thickness of the fourth deviation line, which is often used to identify extreme market conditions.
FAQ
After purchasing, you’ll fill out a short form that asks for your Tradingview username. And then, we’ll grant your username access to all our indicators within 24 hours.
It works on ALL markets internationally that are available on Tradingview: FX, stocks, indices, commodities, futures, etc…
All sales are final and non-refundable.
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Reviews
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