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Custom Screener using Linear Regression

Jul 26, 2021 - 9:26 PM

Viewed 904 times

https://best-trading-indicator.com/community/bti/forums/4180/topics/25233 COPY
  • Hi there I'm a total noob when it comes to programming. I'm trying to find a way to use a custom screener on TradingView that alerts me when an instrument interacts with a standard deviation level. For example, a stock that has >2M volume, >500M MCAP, that CLOSES below 1 or 2 standard deviations from the mean on a 360-period linear regression on a daily chart.

    That may be a tall order, but I figured I would ask as this would free up A LOT of my time manually searching for stocks to meet my conditions. Thank you very much!

    LINEAR REGRESSION SCREENER..png

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  • Hi boss

    TradingView doesn't offer a screener plugged into a custom indicator/strategy, unfortunately.

    The alternative is to code something like this
    https://www.tradingview.com/script/om1WoPb0-Ultimate-Screener-Template/

    I explained in the script description the logic behind this screener.
    Clearly, you'll need some custom coding to include the linear regression with that screener

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