Indicator · Pine Script v5 · On the chart

Periodic Linear Regressions [LuxAlgo]

by regalouisei· code credited to LuxAlgo

This indicator plots periodic linear regressions on the main price chart based on selected anchor period and source.

View on GitHub

GitHub stars2on the repository
Pine versionv5runs as is
Lines of code171
Settings15inputs
LicenceNone stated
Last update8 months ago25 Feb 2026

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 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

Users choose rolling or static method, periodic or first bar anchor, multiple factor, and color options including bicolor and gradient. Extremity bands and a dashboard with parameters can be displayed. The lines update as new bars form and serve for trend level visualization. No trade signals or exit rules exist since it functions as a charting tool rather than a strategy. The main settings adjust anchor type, period, color scheme, and dashboard visibility.

Details

Published by

regalouisei on GitHub

Code credit

LuxAlgo, as written in the script's header

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Trend, Support & resistance, Moving averages, Screeners & dashboards

Markets

Any symbol

Timeframes

Any timeframe

Risk Notes

No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
MethodstringRollingchoice
Anchor TypestringPeriodicanchor
Anchor PeriodtimeframeWres
Sourcesourceclosesrc
Multiplefloat1mult
Show Extremitiesbooltruebands
Mono color color#FF5D00col
Bicolor booltruebicolor
colAcolor#089981colA
colBcolor#F23645colB
Gradientbooltruegrad
int15grade
Show all 15 settings
SettingTypeDefaultVariable
Show DashboardbooltrueshowDash
LocationstringTop RightLocation
SizestringNormalSize
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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