OPEN-SOURCE SCRIPT
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Linear Regression Trend Channel with Entries & Alerts

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Please Use this Indicator If you understand the risk posed by linear regression trend channel

Features

  • Provides trend channel (best value for period is 40 on 5 minute timeframe
  • Provides BUY/SELL entries based on current channel
  • Provides custom color for channel

*Best used with MattyPips strategy indicators


*Risks: Please note, this script is the likes of Bollinger bands and poses a risk of falling in a trend range.
*Entries may keep running on the same direction while the market is moving.
Note di rilascio
Version 0.2
  • Added alerts for BUY/SELL/GENERAL (both cases)
  • Added previous entries using Look Back

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