Polynomial Regression Channel (PRC)


The Polynomial Regression Channel (PRC) is an RTX Extension indicator that draws a best fit n-degree Polynomial Regression line through a recent Period of data.

Setup parameters for the indicator include the degree of the Polynomial (1 - 6) and Number of bars to Analyze.
Bands are drawn above and below the Regression line between two user-specified Multiples of Standard deviation. The bands self adjust for volatility.


Parameter :

degree --- value for degree
period ---- value for period
strdDev ----- % valiue's of deviation
strdDev2 --- n valiue's of deviation

And can Changes the All Colors Lines ...


NOTE :
[Period] is defines Range of data on Chart.
[Deviation] is used for Building band.