PROTECTED SOURCE SCRIPT

[KINGS SHUTTER CHANNEL]

70
[KINGS SHUTTER CHANNEL] – Logarithmic Regression Channel With Trend Signals

The KINGS SHUTTER CHANNEL is a next-generation trend and channel detection tool based on logarithmic regression, dynamic slope analysis, and standard deviation envelopes. It automatically adapts to price movement, helping traders identify major trend directions, reversal points, and high-probability trading zones.

Key Features

Logarithmic Regression Core

Fits price into a logarithmic regression curve to model non-linear market growth.

Automatically calculates slope and trend bias (Up/Down).

Adaptive Channel Bands

Builds upper and lower channel lines around the regression using standard deviation.

Channel width is fully adjustable to match different volatility environments.

Midline & Band Fill Options

Optional midline (base regression line) for visual reference.

Smooth color fill between bands to highlight the price channel clearly.

Dynamic Trend Signals

“UP” or “DN” label automatically updates based on the regression direction.

Built-in cross signals:

Up Signal (▲): when price momentum shifts positive.

Down Signal (▼): when momentum shifts negative.

Real-Time Dashboard

Displays slope percentage, channel trend (UP/DN), and log regression bias directly on the chart.

Updates automatically on the latest bar.

Fully Customizable Visuals

Adjustable lookback period, channel length, and width scaling.

Choose your own colors, enable/disable midline, and band fill.

How to Use

Identify Long Trends:

Price moving within an upward sloping channel → bullish trend confirmation.

Identify Short Trends:

Price moving within a downward sloping channel → bearish trend confirmation.

Breakout Zones:

Watch for price action outside the upper/lower bands → possible breakout or exhaustion.

Momentum Shifts:

Up/Down cross signals combined with channel direction provide early trend warnings.

Best For

Swing traders who need trend clarity.

Position traders seeking to ride long waves.

Breakout traders looking for over-extension zones.

Works on stocks, crypto, forex, indices, commodities.

Applicable on any timeframe, from intraday to long-term charts.

คำจำกัดสิทธิ์ความรับผิดชอบ

ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน