The Momentum Setup is a multi-indicator visual tool designed for trend and momentum analysis directly on the price chart. It combines Relative Strength Index (RSI), Money Flow Index (MFI), Commodity Channel Index (CCI), Supertrend, and a 250-bar percentage cha
Indicator · Pine Script v6 · On the chart
Log Regression Oscillator Channel [BigBeluga]
This indicator calculates a logarithmic regression channel over a configurable lookback period and standard deviation multiplier, plotting upper, lower, and middle channel lines directly on the price chart using Pine Script line objects.
Repaints
GitHub stars2on the repository
Pine versionv6current
Lines of code137
Settings14inputs
LicenceNone stated
Last update8 months ago25 Feb 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Log Regression Oscillator Channel [BigBeluga] also computes a user-selected oscillator (RSI, Stochastic, Stochastic RSI, or MFI) with an optional signal line to aid in identifying overbought and oversold conditions relative to the trend channel. The logarithmic regression lines continuously update their coordinates across historical bars as new price data arrives.
- Logarithmic regression channel
- Selectable oscillator engine (RSI, Stochastic, Stoch RSI, MFI)
- Configurable lookback and deviation width multiplier
- Dynamic line object rendering overlay
Details
Published by
regalouisei on GitHub
Code credit
BigBeluga, as written in the script's header
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Trend, Oscillators & momentum, Volatility & bands
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Lookback Period | int | 150 | length |
| Channel Width | float | 1.5 | channel_width |
| Mid Line | bool | true | mid_disp |
| Fill Background | bool | true | fill_band |
| Channel Lines Color:ㅤㅤUpper | color | #a7abb9 | col_up |
| Mid | color | color.gray | col_mid |
| Lower | color | #a7abb9 | col_low |
| Type: | string | RSI | osc |
| lengtht | int | 14 | lengtht |
| osc_col | color | #7e57c2 | osc_col |
| Scale | int | 70 | upper_threshold |
| Signal Line | bool | true | sig_disp |
Show all 14 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| length_sig | int | 14 | length_sig |
| sig_line | color | color.yellow | sig_line |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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