Past Regression Deviated is an indicator consisting of 7 parallel lines that form a sort of price channels that can be used as support and resistance levels and also a trend line that is built to determine the current trend direction.
Past Regression Deviated displays levels fairly well and can be used in the strategies considering price breakouts or retreats from the levels.
Download:
PastRegressionDeviated.lua- (4.86 KiB) Downloaded 591 times
For this indicator must be installed StdDev indicator (viewtopic.php?f=17&t=870&p=1577).
