The Chained Linear Regression Reversal Strategy plots linear regression channels with upper and lower standard deviation bands directly on the price chart across a user-defined time window. When price breaks out of the static channel for a confirmed number of
Strategy · Pine Script v6 · On the chart
RG Structure v2.0 [Visual Edition]
RG Structure v2.0 [Visual Edition] is a strategy that identifies pivot points over a lookback window to construct trendlines.
GitHub stars5on the repository
Pine versionv6current
Lines of code767
Settings40inputs
LicenceNone stated
Last update7 weeks ago3 Sep 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 strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
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
RG Structure v2.0 [Visual Edition] evaluates breaks and retests of these trendlines using scoring weights, violation penalties, and regime detection to generate entry and exit signals. The strategy manages risk with configurable percentage-based position sizing, stop-loss buffers scaled by ATR, and trailing stops. It draws trendlines, pivot markers, break zones, regime backgrounds, and trailing stops directly on the price chart. Inputs allow tuning of pivot sensitivity, scoring, retest windows, and risk parameters.
- Pivot-Constrained Trendline
- Break-Retest Strategy
- Regime Detection
- Visual Trendline Drawing
- ATR-Based Risk Filters
Details
Published by
AllienNova on GitHub
Type
Strategy, Pine Script v6
Draws
On the price chart
Category
Trend, Breakout, Support & resistance, Mean reversion
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.
Topics
aicredit-repairfintechtypescript
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Lookback Window (N) | int | 200 | N |
| Pivot Left Bars | int | 2 | left |
| Pivot Right Bars | int | 2 | right |
| Max Pivots for Line Fitting | int | 12 | maxPivots |
| Violation Eval Step | int | 4 | evalStep |
| Min Pivot Touches | int | 2 | minTouches |
| Touch Tolerance (α × ATR) | float | 0.10 | tauMult |
| Span Reward Weight (ωs) | float | 0.20 | wSpan |
| Violation Penalty (λ) | float | 1.50 | lamViol |
| Break Penetration (βp × ATR) | float | 0.10 | breakPenATR |
| Break Confirmation (βc × ATR) | float | 0.15 | breakConfATR |
| Retest Buffer (γ × ATR) | float | 0.20 | retestATR |
Show all 40 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Fail Buffer (δ × ATR) | float | 0.20 | failATR |
| Retest Window (M bars) | int | 12 | retestMaxBars |
| Regime Window (ER/Cross) | int | 150 | erLen |
| ER Trend Threshold | float | 0.35 | erTrendThr |
| ER Range Threshold | float | 0.20 | erRangeThr |
| Max Crossings for Trend | int | 8 | crossTrendMx |
| Min Crossings for Range | int | 20 | crossRangeMn |
| Risk % (A Setup) | float | 1.0 | riskPctA |
| Risk % (B Setup) | float | 0.5 | riskPctB |
| A Setup Q Threshold | float | 0.70 | qA |
| B Setup Q Threshold | float | 0.60 | qB |
| Max dGeom (ATR units) | float | 2.5 | dSafetyMax |
| Stop Buffer (× ATR) | float | 0.20 | stopBufATR |
| BE Trigger (R) | float | 0.8 | beTrigR |
| Partial Take Profit (R) | float | 1.0 | partialR |
| Partial Qty % | int | 60 | partialPct |
| Trail Start (R) | float | 1.0 | trailStartR |
| Trail Buffer (× ATR) | float | 0.20 | trailBufATR |
| Time Stop Bars | int | 20 | timeStopBars |
| Show Pivot Markers | bool | true | showPivots |
| Show Trendlines | bool | true | showTrendlines |
| Show Break/Retest Zones | bool | true | showZones |
| Show Trailing Stop | bool | true | showTrailStop |
| Show Regime Background | bool | true | showRegimeBG |
| Show Event Labels | bool | true | showLabels |
| Support Color | color | color.new(color.green, 20) | supColor |
| Resistance Color | color | color.new(color.red, 20) | resColor |
| Action Line Color | color | color.new(color.orange, 0) | actionColor |
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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