
Pinescriptlabs Store indicators: 🤖Pinescriptlabs Store cBots :
ICT Power of 3 (cBot) Gold & BTC BreakoutSession Pivots(new)YieldShield"
SmartTrend Support &
Resistance Lines
Dynamic Market Structure
Analysis of Turning Points
Fibonacci Linear
Regression Multi-timeframe
Multi-Level Candle Bias
Tracker
Auto Support and
Resistance Trend Lines
All Support and
Resistance Levels
📈 Multi-Timeframe Regression Channel & ATR Prediction Algorithm
This system predicts an asset's potential price movement by combining multi-timeframe trend analysis 📊, market volatility 📉, and technical indicator confirmation ✅. Its goal is to project a future price range with measurable confidence, ideal for identifying high-probability risk-reward opportunities 💰.
🔧 How It Works Step by Step
1️⃣ Multi-Timeframe Trend Analysis
- Regression Channels Across Timeframes:
The algorithm simultaneously analyzes four different timeframes (from short to long-term). For each: - Calculates a statistical trend line based on historical price behavior.
- Defines a prediction channel around this line (using past volatility to set upper/lower bounds).
- Hierarchical Influence:
Shorter timeframes carry more weight in the final direction, reflecting their sensitivity to recent movements.
2️⃣ Volatility Integration (ATR) 🌊
- Dynamic Volatility Adjustment:
Predictions adapt to current market conditions: - High volatility → Wider projections
- Low volatility → Conservative adjustments
- Future Range Scaling:
The prediction band automatically adjusts based on expected volatility.
3️⃣ Trend Confirmation System ✅
Combines four key signals to validate or challenge the regression-based direction:
- Moving Average Crosses (trend confirmation)
- Momentum Oscillators (strength assessment)
- Volatility Indicators (overbought/oversold detection)
- Divergence Analysis (trend reversal clues)
- Output: A scoring system that reinforces or questions the predicted trend.
4️⃣ Confidence Calculation 🎯
- Timeframe Alignment:
Confidence increases when trends agree across timeframes. - User-Defined Threshold:
Traders can set a minimum confidence level to filter only high-certainty signals.
5️⃣ Intuitive Visualization 📉📈
- Prediction Line:
Shows the central expected path (green = bullish 🟢, red = bearish 🔴, gray = neutral ⚪). - Range Bands:
Highlight the most probable price movement zone, adjusted for volatility. - Info Label:
Summarizes projected price, range, direction, and confidence level.
🌟 Key Advantages
- Multi-Dimensional Approach: Combines trend, volatility & momentum to reduce false signals.
- Self-Adjusting: Adapts to choppy or trending markets automatically.
- Transparent Metrics: Quantifiable confidence helps manage expectations.
📌 Practical Example
If the system detects:
- Bullish trend in short timeframes + momentum confirmation
- Low recent volatility
- Strong timeframe agreement
→ Projects a price rise with a tight band and high confidence (e.g., 85%) 🚀