Options for Linear Regression Channels Indicator

Properties Settings:

Indicator 1: Linear Regression Channels

LRC-Options

LR_Begin: Length of the linear regression lines in bars

Shift: Numbers of bars to be shifted, positive # for shift into past, negative # for shift into future

LineNumber: Number of channels to add each above and below regression line

STD_Interval: Number of standard deviations separating linear regression and 1st channel

LineWidth: Width of line and channels

LR_Clr_1: Color of linear regression line

LR_Style_1: Style of linear regression line

LR_Clr_1: Color of channels

LR_Style_1: Style of channels

LineBack: True or False = Set the line and channels as a background object




Indicator 2: Linear Regression Slope Histogram

LR_Begin: This will determine the number of periods (bars or candles) for linear regression calculation.

Color: Color of the line

LineStyle: Style of Line

Up to 5 lines possible

** Placing a zero in for Period will not show that line




Indicator 3: Percent Price Deviation from Linear Regression

indi_3

 

LR_Begin: This will determine the number of periods (bars or candles) for linear regression calculation.

DrawLRL: Include a visual linear regression line on top price chart? True or False (Good when just using this indicator alone)

LineWidth: Width of price chart line

LineColor: Color of price chart line

LineStyle: Style of price chart line

LineBack: True = Set the line and channels as a background object

 **To Change the color of the histogram bars, go to Colors heading (see above image)

 

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