OPEN-SOURCE SCRIPT
Updated Exponential Regression Log Residual

This custom indicator measures the logarithmic residual between the current price and an exponential regression line, offering insights into relative overbought and oversold conditions on a logarithmic scale. It can be especially useful when analyzing assets that move exponentially over time, such as growth stocks or cryptocurrencies.
Release Notes
Removed Max LengthRelease Notes
Added color gradient to the regression lineOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.