๐บ๐ธ English description:
Logarithmic Regression Channel โ ETH/USD (Kraken, 1W) is a custom-built macro model for Ethereum, designed to show long-term logarithmic growth zones on the 1-week chart.
Inspired by popular tools like LookIntoBitcoin, this indicator maps:
โข Lower band (green) โ historically undervalued zones,
โข Upper band (red) โ speculative overvaluation levels,
โข Fair Value (orange) โ dynamic long-term balance between extremes.
๐ง Features:
โข Full control over slope, offset, and curve shaping (curveShape) to match market behavior,
โข Smart filtering to prevent plotting below historical lows,
โข Locked to work only on ETH/USD (Kraken) and 1W timeframe to maintain data consistency.
๐ Upcoming update:
A BTC/USD version of this macro model is currently in development and will be published as a separate script.