Periodic Linear Regression

The Periodic Linear Regression Indicator redefines trend analysis by adapting linear regression lines to your chosen anchor intervals, revealing essential support and resistance levels that evolve with the market. With this indicator, traders gain an edge by visualizing the underlying market direction and spotting potential trend continuations or reversals. Choose between Static and Rolling Modes to fit your trading style: Static Mode: Establishes a linear regression line that locks in at each new anchor period, allowing you to track directional shifts over time. Perfect for fixed interval insights, this mode highlights potential price trajectories in distinct segments. Rolling Mode: For those tracking real-time momentum, the rolling regression dynamically recalculates with each price movement. Color-coded channel bands in gradient hues signify bullish or bearish trends, adapting with the latest data to keep traders aligned with market momentum. Channel Bands mark potential zones