Simple Regression Channel automatically generates Regression Channel, based on timeframe (user input).
Linear Regression Channel consists of two parallel lines located at the equal distance from the linear regression trend line. The distance between the channel borders and the regression line is equal to the value of the highest close price deviation from the regression line.
The indicator code features:
The functions included in this template use two news sources - Investing.com and Dailyfx.com. The template doesn’t use DLL.Consecutive Candles with Stochastic Filter Indicator
Shows when two or three consecutive bull or bear candles of a certain size print after qualifying the stochastic level of the initial candle in the series.