[RS]Auto Regression Channel V0
EXPERIMENTAL:
Auto adjusting regressive channel.
Auto adjusting regressive channel.
//@version=2 study(title='[RS]Auto Regression Channel V0', shorttitle='ARC', overlay=true) length = input(10) length2 = input(10) multiplier = input(0.01) h = ema(na(h[1]) ? high : high >= h[1] ? high : ema(close, length) >= mid[1] ? h[1] + ema(h[1]-close, length)*multiplier : h[1] - ema(h[1]-close, length)*multiplier, length2) l = ema(na(l[1]) ? low : low <= l[1] ? low : ema(close, length) <= mid[1] ? l[1] - ema(close-l[1], length)*multiplier : l[1] + ema(close-l[1], length)*multiplier, length2) mid = avg(h, l) plot(title='H', series=h, color=black, linewidth=2) plot(title='M', series=mid, color=black, linewidth=2) plot(title='L', series=l, color=black, linewidth=2)