These channels are generated from the current values of the linear regression channel indicator, the standard deviation is calculated based off of the RSI . This indicator gives an idea of when the linear regression model predicts a change in direction.
You are able to change the length of the linear regression model, as well as the size of the zone. A negative zone size will make the zone stretch away from the center, and a positive zone size will make it stretch towards the centerline.
You are able to change the length of the linear regression model, as well as the size of the zone. A negative zone size will make the zone stretch away from the center, and a positive zone size will make it stretch towards the centerline.
Versionsinformation:
Updated the settings menu to more concisely display the options and updated max / min values