LinearRegression Channel

Is your regression channel using the right length — or are you just guessing?

Linear Regression Channel v4.0 automatically finds the optimal channel length using the R² coefficient — and draws the full history of previous channels so you can see how the price structure evolved over time.

▸ Auto Length by Maximum R² Instead of manually setting how many bars to use, the indicator tests all lengths between a configurable minimum and maximum, calculates the R² for each, and selects the one that best fits the current price action.

The panel shows in real time: optimal length found, R² percentage, and trend direction ⇑ ⇓ ⇒

▸ Configurable Historical Channels Draws previous channels going back N configurable bars. Each historical channel is fully independent — adaptive standard deviation for the period it covers, individual configurable color, R² label, and no overlap with adjacent channels.