OPEN-SOURCE SCRIPT
Dynamic Adaptive Regression Bands

This script provides a dynamic adaptive regression band indicator that adjusts based on recent market volatility. The regression bands are calculated using a length parameter adapted to the ATR (Average True Range) to ensure responsiveness to market conditions.
Key Features:
Usage:
Original Script Credit:
This script is inspired by the original "Regr Linear Bands" script by MarcoValente, published on Jan 15, 2017. The original script starts from a linear regression and uses Fibonacci parameters to add bands above and below. The original work incorporates range and volatility, making the price move between bands of the same color. The middle line (linear regression) serves as a good signal; after a break occurs, the price typically moves to the last or second last band.
Key Features:
- [] Dynamic Length Adjustment: The length of the regression calculation is adjusted based on the ATR to reflect current market volatility.
[] Multiple Bands: The script plots upper and lower bands at different ratios (1.618, 2.618, and 4.236) to provide comprehensive support and resistance levels. - Detailed Fillings: The areas between bands are filled with different colors to visualize different levels of volatility and trend strength.
Usage:
- [] Regression Line: The main regression line follows the general trend of the price.
[] Upper/Lower Bands: These bands represent volatility-adjusted support and resistance levels. - Extended Bands: Additional bands at different ratios provide extended support and resistance zones for further trend analysis.
Original Script Credit:
This script is inspired by the original "Regr Linear Bands" script by MarcoValente, published on Jan 15, 2017. The original script starts from a linear regression and uses Fibonacci parameters to add bands above and below. The original work incorporates range and volatility, making the price move between bands of the same color. The middle line (linear regression) serves as a good signal; after a break occurs, the price typically moves to the last or second last band.
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。
开源脚本
本着TradingView的真正精神,此脚本的创建者将其开源,以便交易者可以查看和验证其功能。向作者致敬!虽然您可以免费使用它,但请记住,重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。