Advanced Linear Regression Pro [PointAlgo]

11월 19일

Advanced Linear Regression Pro is an open-source tool designed to visualize market structure using linear regression, volatility bands, and optional volume-weighted calculations.
The indicator expands the concept of regression channels by adding higher-timeframe confluence, slope analysis, imbalance detection, and breakout highlighting.


Key Features
• Volume-Weighted Regression
Weights the regression curve based on volume to highlight periods of strong participation.

• Dynamic Standard-Deviation Bands
Upper and lower bands are derived from volatility to help visualize potential expansion or contraction zones.

• Multi-Timeframe (MTF) Regression
Plots higher-timeframe regression lines and bands for additional trend context.

• Slope Strength Analysis
Helps identify whether the current regression slope is trending upward, downward, or in a neutral range.

• Order Flow Imbalance Detection
Highlights bars where price and volume move unusually fast, which may indicate liquidity voids or imbalance zones.

• Breakout Markers
Shows simple visual markers when the price closes beyond volatility bands with volume confirmation.
These are visual signals only, not trading signals.

How to Use

• This indicator is meant for visual market analysis, such as:
  
• Observing trend direction through regression slope
  
• Spotting volatility expansions
  
• Comparing price against higher-timeframe regression structure
  
• Identifying areas where price moves rapidly with volume
  

It can be used on any market or timeframe.
No part of this script is intended as financial advice or a complete trading system.

11월 19일

릴리즈 노트

Advanced Linear Regression Pro is an open-source tool designed to visualize market structure using linear regression, volatility bands, and optional volume-weighted calculations.
The indicator expands the concept of regression channels by adding higher-timeframe confluence, slope analysis, imbalance detection, and breakout highlighting.

11월 22일

릴리즈 노트

Advanced Linear Regression Pro is a multi-factor analytical framework built around an expanded version of standard linear regression.
Instead of only plotting a regression line and bands, this script integrates volume-weighting, multi-timeframe confluence, slope-strength analytics, order-flow imbalance detection, and breakout identification into one coherent system.

The goal is to provide a more complete visual understanding of how price behaves around regression structure, volatility, and institutional activity.


1. Core Logic: Linear Regression With Dynamic Bands
The indicator begins with a linear regression curve based on selected price source and period.
It optionally applies volume-weighting, giving more influence to candles with higher participation. This helps highlight structures where meaningful trade activity may be present.

A standard deviation band system surrounds the regression line:

Upper Band = LR + (StdDev × Multiplier)
Lower Band = LR − (StdDev × Multiplier)

This produces a volatility channel similar to regression bands or envelopes.

2. Volume-Weighted Regression (Original Component)
Instead of the basic ta.linreg(), this script offers a custom volume-weighted regression calculation.

Candles with higher volume increase their impact on:
regression slope
intercept
weighted average price

This can help reveal where price is more influenced by actual trading activity rather than noise.


3. Multi-Timeframe Regression Overlay
MTF logic uses request.security() to plot a higher-timeframe regression and its bands.
The purpose is confluence:
when local-timeframe structure aligns with higher-timeframe regression, trend confidence may appear stronger.
The MTF line is visualized with circular plot markers to differentiate it from the main line.


4. Slope Strength Analysis
The script measures regression slope relative to price level and normalizes it.
This determines whether market structure is:
Bullish slope (above threshold)
Bearish slope (below negative threshold)
Neutral/Sideways (between thresholds)

The regression midline color adapts automatically:

Green → bullish slope
Red → bearish slope
Gray → neutral

This creates a quick visual representation of trend intensity and direction.


5. Order Flow Imbalance Detection
The indicator detects imbalance candles using two factors:
Price expansion compared to average range
Volume expansion relative to average volume

If both conditions exceed their thresholds, a potential liquidity imbalance is detected.
These areas can highlight rapid displacements or inefficiencies in price movement.

Markers appear as:
Triangle Up → bullish imbalance
Triangle Down → bearish imbalance

This functionality extends regression tools into the realm of order flow visualization.


6. Breakout Detection With Confirmation
Breakouts are detected when price closes beyond the upper or lower regression band with volume confirmation.
To reduce noise, a user-defined number of confirmation bars must sustain the break.
The script uses non-textual circular markers only to avoid chart clutter.

Alerts are available for:
bullish breakout
bearish breakout
bullish imbalance
bearish imbalance

7. Visual Presentation
The script includes multiple optional enhancements:
Midline toggle
Band fill toggle
Color adaptive slope line
Higher-timeframe circular overlays
These visuals help users interpret regression structure and volatility with minimal clutter.


8.How the Components Work Together
All modules are designed to complement each other:
Regression + Volume Weighting show structure with more emphasis on meaningful price movement.
Slope Strength highlights overall directional behavior.
Imbalance Zones detect fast price displacement relative to volume.
Breakout Confirmation offers context for volatility expansion outside expected structure.
MTF Regression provides higher-level structural reference.
Together, this creates a multi-layered analytical tool that extends beyond basic regression channels.


Disclaimer
This script is intended for visual analysis and research only.
It does not provide financial advice or guaranteed signals.
Please test and adapt it to your preferred methodology before applying it to live markets.