-- More information about this indicator can be found at: -- http://fxcodebase.com/code/viewtopic.php?f=17&t=63567 --+------------------------------------------------------------------+ --| Copyright © 2018, Gehtsoft USA LLC | --| http://fxcodebase.com | --+------------------------------------------------------------------+ --| Developed by : Mario Jemic | --| mario.jemic@gmail.com | --+------------------------------------------------------------------+ --| Support our efforts by donating | --| Paypal: https://goo.gl/9Rj74e | --+------------------------------------------------------------------+ --| Patreon : https://goo.gl/GdXWeN | --| BitCoin : 15VCJTLaz12Amr7adHSBtL9v8XomURo9RF | --| BitCoin Cash: 1BEtS465S3Su438Kc58h2sqvVvHK9Mijtg | --| Ethereum : 0x8C110cD61538fb6d7A2B47858F0c0AaBd663068D | --| LiteCoin : LLU8PSY2vsq7B9kRELLZQcKf5nJQrdeqwD | --+------------------------------------------------------------------+ function Init() indicator:name("Automatic Regression Channel"); indicator:description(""); indicator:requiredSource(core.Bar); indicator:type(core.Indicator); indicator.parameters:addGroup("Calculation" ); indicator.parameters:addInteger("Period", "Period","", 20); indicator.parameters:addGroup("Style"); indicator.parameters:addColor("Top", "Top Line Color","", core.rgb(0, 255, 0)); indicator.parameters:addColor("Central", "Central Line Color","", core.rgb(0, 0, 255)); indicator.parameters:addColor("Bottom", "Bottom Line Color","", core.rgb(255, 0, 0)); indicator.parameters:addInteger("width", "Line width", "", 1, 1, 5); indicator.parameters:addInteger("style", "Line style", "", core.LINE_SOLID); indicator.parameters:setFlag("style", core.FLAG_LINE_STYLE); end local Period, Top, Bottom, Central; local source; local CentralLine; local width, style; local from, a, b, dev, raff; function Prepare(nameOnly) Top=instance.parameters.Top; Bottom=instance.parameters.Bottom; Central=instance.parameters.Central; Period=instance.parameters.Period; width=instance.parameters.width; style=instance.parameters.style; source = instance.source; first=source:first()+Period local name = profile:id() .. " " .. source:name() ; instance:name(name ); if (nameOnly) then return; end from = instance:addInternalStream(first, 0); a = instance:addInternalStream(first, 0); b = instance:addInternalStream(first, 0); dev = instance:addInternalStream(first, 0); raff = instance:addInternalStream(first, 0); CentralLine = instance:addStream("CentralLine", core.Line, name .. ". CentralLine", "CentralLine", Central, first); TopLine = instance:addStream("TopLine", core.Line, name .. ". TopLine", "TopLine", Top, first); BottomLine = instance:addStream("BottomLine", core.Line, name .. ". BottomLine", "BottomLine", Central, first); end function Update(period) local x; if period < first then return; end a[period]=a[period-1]; b[period]=b[period-1]; dev[period]=dev[period-1]; raff[period]=raff[period-1]; if period == first then a[period], b[period], dev[period], raff[period]= mathex.regChannel (source, period-Period+1, period); from[period]=period-Period+1; end x = (period - from[period]+ 1); CentralLine[period] = a[period] * x + b[period]; TopLine[period] = CentralLine[period] + dev[period]; BottomLine[period] = CentralLine[period] - dev[period]; if source.close[period]> TopLine[period] then a[period], b[period], dev[period], raff[period]= mathex.regChannel (source, period-Period+1, period); from[period]=period-Period+1; end if source.close[period]< BottomLine[period] then a[period], b[period], dev[period], raff[period]= mathex.regChannel (source, period-Period+1, period); from[period]=period-Period+1; end x = (period - from[period]+ 1); CentralLine[period] = a[period] * x + b[period]; TopLine[period] = CentralLine[period] + dev[period]; BottomLine[period] = CentralLine[period] - dev[period]; end