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The indicator builds a Raff channel based on a linear regression. The red trend line can be used to make a purchase decision or
selling inside the channel when the price approaches it. You can use the settings to set the channel width based on the deviation coefficient from the baseline or
by the maximum and minimum extremum. You can also enable the continuation of the channel to the right of the current prices.

The Raff regression channel indicator is a convenient tool that greatly facilitates the work of modern users.
the trader. It can be used on almost any chart, possibly in conjunction with other indicators.


Input parameters:

The indicator builds a Raff channel based on a linear regression. The red trend line can be used to make a purchase decision or
selling inside the channel when the price approaches it. You can use the settings to set the channel width based on the deviation coefficient from the baseline or
by the maximum and minimum extremum. You can also enable the continuation of the channel to the right of the current prices.

The Raff regression channel indicator is a convenient tool that greatly facilitates the work of modern users.
the trader. It can be used on almost any chart, possibly in conjunction with other indicators.

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Input parameters:

Number of bars to calculate The number of bars in the history, starting from the current one for drawing the channel

Trend line Deviation Trend line deviation coefficient
Resistance line Deviation – Coefficient of deviation of the resistance line
Use Trend line Deviation-true: the trend line is based on the coefficient, false: the trend line is based on the extreme
Use Resistance line Deviation-true: the resistance line is plotted by the coefficient, false: the resistance line is plotted by
extreme
Extend channel to the right – Continue the channel to the right (beam to the right)
Base line width – The width of the regression baseline
Base line color – The color of the regression baseline
Trend line width – The width of the trend line
Trend line color – The color of the trend line
Resistance line width – The width of the resistance line
Resistance line color – The color of the resistance line

Indicator buffers (for programmers):

   SetIndexBuffer(0,Base_line);
   SetIndexEmptyValue(0,0.0);
   SetIndexLabel(0,"Base Line");
   
   SetIndexBuffer(1,Trend_line);
   SetIndexEmptyValue(1,0.0);
   SetIndexLabel(1,"Trend Line");
   
   SetIndexBuffer(2,Res_line);
   SetIndexEmptyValue(2,0.0);
   SetIndexLabel(2,"Resist Line");

Indicator buffers (for programmers):

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