Statistical price channels with flexible calculation modes and deviation-based band rendering.

Fits regression lines through price data using Period Mode (last N bars), DateTime Mode (from specific dates), or Lock Mechanism to freeze analysis at historical points while price continues.

Three deviation methods (Average, Independent, Maximum) for symmetric and asymmetric channels, six Fibonacci retracement levels (11.4% to 88.6%), multi-timeframe analysis, six price types (Open/High/Low/Close/Median/Typical), historical-only mode for stable backtesting, and extend-to-infinity projection deliver comprehensive regression analysis for traders targeting mean reversion zones and statistical price boundaries across market conditions.

FEATURES

Flexible Data Selection

• Period Mode: Analyze last N bars (e.g., last 12 monthly candles)
• DateTime Mode: Start from specific market events or dates
• Lock Mechanism: Freeze analysis at a historical point while price continues
• Multi-Timeframe: Draw regression from any timeframe on your current chart

Smart Deviation Methods

• Average: Balanced levels using mean deviations—ideal for trading zones
• Independent: Asymmetric channels that adapt to directional volatility
• Maximum: Shows extreme price boundaries for full range analysis

Professional Analysis Tools

• 6 Fibonacci retracement levels (11.4%, 23.6%, 38.2%, 61.8%, 78.6%, 88.6%)
• 6 price types: Open, High, Low, Close, Median, Typical
• Historical-only mode: Exclude forming bars for stable backtesting
• Extend to infinity option for long-term projections

Full Customization

• Complete color customization for all channel elements
• Independent control over regression line and deviation bands
• Clean visual presentation for focused analysis

Advanced Capabilities

• Lock feature for event-based analysis studies
• Combine higher timeframe structure with lower timeframe execution
• Symmetric and asymmetric channel options for different market conditions

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MORE FREE INDICATORS

Explore a wide range of market analysis tools—from structure and volume to regression, volatility, and custom timeframes.

Source code is available on GitHub repository.

All free to use. But if you feel like sending coffee support, you can route it here.

Support/Resistance

• Fair Value Gap
• Fair Value Gap (Extended)
• Pivot Points
• Round Number

Volume

• Volume Activity Profiler
• Volume Efficiency Analyzer
• Volume Profile Analytics
• Volume Profile - Updated
• Volume Spread Analysis
• VWAP (Volume Weighted Average Price)

Moving Averages

• Anchored Moving Average
• Deviation-Scaled Moving Average
• Instantaneous Trendline
• Kaufman Adaptive MA with Trend Vision
• Moving Average Channel
• Moving Averages Suite
• Trend Channel Moving Average

Utilities/Custom

• Custom Timeframes
• Higher Timeframe Candlestick

Regression-Based

• Advanced Regression Channel
• Linear Regression Channel
• Nadaraya-Watson Kernel Regression

Volatility

• Initial Balance
• Trend Volatility Trail

Oscillators

• Balance of Power
• Price-Time Filtering
• Waddah Attar Explosion

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DISCLAIMER

Trading involves risk. This indicator is intended for technical analysis only — always apply proper risk management and trade responsibly.

FEECBACK & IMPROVEMENTS

If you have suggestions, feature requests, or ideas for enhancement, please leave a comment in the Discussion tab. Your feedback helps improve the indicator for everyone.