Please Use this Indicator If you understand the risk posed by linear regression trend channel
Features
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.
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
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.
Informacje o Wersji:
Version 0.2
- Added alerts for BUY/SELL/GENERAL (both cases)
- Added previous entries using Look Back
I'm happy to help you improve your trading.
Telegram: @MrTuanDoan
Telegram: @MrTuanDoan