This indicator analyzes short-term price action on index futures and options charts by applying Rational Quadratic kernel smoothing to detect sideways consolidation ranges and potential breakouts. It processes pivot highs and lows over customizable loopback pe
Indicator · Pine Script v5 · On the chart
REG-TREND
The REG-TREND indicator plots linear regression trend lines calculated from the selected source over a user-defined length.
GitHub stars3on the repository
Pine versionv5runs as is
Lines of code529
Settings40inputs
LicenceNone stated
Last updatetoday28 Oct 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
REG-TREND determines channel boundaries and deviation to detect trend breaks, marking them with dotted lines in the chosen color. Fibonacci retracement levels can be overlaid on the regression lines. The indicator draws directly on the price chart to visualize trend direction and potential channel breaks. Settings control line length, deviation multiplier, extension, visibility of broken channels and Fibonacci levels, as well as colors and width. It provides trend identification but includes no entry, exit, stop loss, or position sizing rules.
- Regression Trend Lines
- Broken Channel Detection
- Fibonacci Levels
- Linear Regression Channel
- Trend Break Visualization
Details
Published by
gocaman on GitHub
Type
Indicator, Pine Script v5
Draws
On the price chart
Category
Trend, Support & resistance, Moving averages
Markets
Stocks
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.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Grup seç | string | 1 | grupSec |
| PERİYOT | timeframe | | per |
| Konum Ayarı | int | 20 | loc |
| Source | source | close | src |
| Length | int | 100 | len |
| Deviation | float | 2. | devlen |
| Extend Lines | bool | true | extendit |
| Show Fibonacci Levels | bool | false | showfibo |
| Show Broken Channel | bool | true | showbroken |
| brokencol | color | color.blue | brokencol |
| Up/Down Trend Colors | color | #00ab25 | upcol |
| dncol | color | #df0202 | dncol |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Line Width | int | 2 | widt |
| Source | source | close | src5 |
| 5EMA | int | 5 | len5 |
| 8EMA | int | 8 | len8 |
| 13EMA | int | 13 | len13 |
| History bars back | int | 300 | history_bars |
| Resolution (bars) | int | 6 | xx1 |
| 1 | symbol | | sb1 |
| 2 | symbol | BIST:XAKUR | sb2 |
| 3 | symbol | BIST:XBANA | sb3 |
| 4 | symbol | BIST:XBANK | sb4 |
| 5 | symbol | BIST:XBLSM | sb5 |
| 6 | symbol | BIST:XELKT | sb6 |
| 7 | symbol | BIST:XFINK | sb7 |
| 8 | symbol | BIST:XGIDA | sb8 |
| 9 | symbol | BIST:XGMYO | sb9 |
| 10 | symbol | BIST:XHOLD | sb10 |
| 11 | symbol | BIST:XILTM | sb11 |
| 12 | symbol | BIST:XINSA | sb12 |
| 13 | symbol | BIST:XKAGT | sb13 |
| 14 | symbol | BIST:XKMYA | sb14 |
| 15 | symbol | BIST:XMADN | sb15 |
| 16 | symbol | BIST:XMANA | sb16 |
| 17 | symbol | BIST:XMESY | sb17 |
| 18 | symbol | BIST:XSGRT | sb18 |
| 19 | symbol | BIST:XSPOR | sb19 |
| 20 | symbol | BIST:XTAST | sb20 |
| 21 | symbol | BIST:XTCRT | sb21 |
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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