Linear regression channel range label

Hey Pete,

I’ve seen a few labels being created but was wondering if you could create a label showing the range of a linear regression channel from upper LR to lower LR.

here is the code for the linear regression channel I’m using.

input price = close;
input widthOfChannel = 100.0;
input fullRange = Yes;
input length = 21;

plot MiddleLR;
if (fullRange)
then {
MiddleLR = InertiaAll(price);
} else {
MiddleLR = InertiaAll(price, length);
}

def dist = HighestAll(AbsValue(MiddleLR – price)) * (widthOfChannel / 100.0);

plot UpperLR = MiddleLR + dist;
plot LowerLR = MiddleLR – dist;
plot UpperLRm1 = MiddleLR + dist * (-.525);
plot UpperLRm2 = MiddleLR + dist * .573;
plot lowerLRm1 = MiddleLR – dist * .577;
plot LowerLRm2 = MiddleLR – dist * (-.525);

MiddleLR.SetDefaultColor(GetColor(5));
UpperLR.SetDefaultColor(GetColor(5));
LowerLR.SetDefaultColor(GetColor(5));;
AddCloud(upperLR, middleLR, Color.GREEN, Color.GRAY);
AddCloud(middleLR, lowerLR, Color.RED, Color.GRAY);