Regression Pivot Trend Pro

LR Pivots Combo

Statistics That Show You Where the Market Stands!

Key Features (updated V2.1)

1. Auto-Plotting Linear Regression Channel

  • Trend Direction — Uses slope (normalized by ATR) to identify whether the market is in an uptrend, downtrend, or ranging sideways.
  • Trend Quality (R-Squared) — Tells you if the trend is statistically consistent (Stable) or just noise (Volatile). Useful for filtering out unreliable setups.
  • Standard Deviation Bands — Shows how far price has deviated from the regression line, helping you identify when the market is statistically stretched in either direction.
  • Breakout Detection — Marks bars where price closes outside the bands, so you don't have to watch manually.

2. Multi-Timeframe Pivot Points

  • Overlays H4, Daily, Weekly, or Monthly pivots directly on your chart with support, resistance, and mid-levels.
  • Supports multiple historical periods so you can see where previous pivots sat.

3. Info Dashboard

  • Corner panel showing: trend direction, trend condition, Slope/ATR ratio, R-squared, and current ATR value.
  • All numbers update per bar. Nothing fancy — just the numbers you actually need.

Risk Disclaimer: This indicator measures trend direction, trend quality, and key price levels using statistical calculations.
It does not predict the future. Signals will be wrong sometimes — that is unavoidable.
Never trade without a Stop Loss, and size your positions based on risk you can actually afford to lose.
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Samart Palugmontol
5 (2)
update v.1.22 - Fixed indicator not working properly. - Updated emergency stop function. - Added several input parameters: - Magic Number - Working Interval - Trade Direction Selection - Supertrend Confirmation Requirement ***Since the setting is more flexible, the outcome may vary. For the recommended settings, please see the screenshot.*** +++++++++++++++++++++++ Just wanted to share a trading strategy that's been working for me. It's built around the Supertrend  indicators, specifi
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