Looking for MTF ToS Linear Regression Channel
# TD Ameritrade IP Company, Inc. (c) 2008-2023
# Linear Regression
input price = close;
plot MiddleLR = InertiaAll(price);
def dist = HighestAll(AbsValue(MiddleLR - price)) * 0.5;
plot UpperLR = MiddleLR + dist;
plot LowerLR = MiddleLR - dist;
MiddleLR.AssignValueColor(if MiddleLR > MiddleLR[1] then Color.GREEN else if MiddleLR < MiddleLR[1] then Color.RED else Color.YELLOW);
UpperLR.AssignValueColor(if UpperLR > UpperLR[1] then Color.GREEN else if UpperLR < UpperLR[1] then Color.RED else Color.YELLOW);
LowerLR.AssignValueColor(if LowerLR > LowerLR[1] then Color.GREEN else if LowerLR < LowerLR[1] then Color.RED else Color.YELLOW);
# TD Ameritrade IP Company, Inc. (c) 2008-2023
# Linear Regression
input price = close;
plot MiddleLR = InertiaAll(price);
def dist = HighestAll(AbsValue(MiddleLR - price)) * 0.5;
plot UpperLR = MiddleLR + dist;
plot LowerLR = MiddleLR - dist;
MiddleLR.AssignValueColor(if MiddleLR > MiddleLR[1] then Color.GREEN else if MiddleLR < MiddleLR[1] then Color.RED else Color.YELLOW);
UpperLR.AssignValueColor(if UpperLR > UpperLR[1] then Color.GREEN else if UpperLR < UpperLR[1] then Color.RED else Color.YELLOW);
LowerLR.AssignValueColor(if LowerLR > LowerLR[1] then Color.GREEN else if LowerLR < LowerLR[1] then Color.RED else Color.YELLOW);
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