Ethereum Logarithmic Regression Bands (Fine-Tuned)

This indicator, "Ethereum Logarithmic Regression Bands (Fine-Tuned)," is my attempt to create a tool for estimating long-term trends in Ethereum (ETH/USD) price action using logarithmic regression bands. Please note that I am not an expert in financial modeling or coding—I developed this as a personal project to serve as a rough estimation rather than a precise or professional trading tool. The data was fitted to non-bubble periods of Ethereum's history to provide a general trendline, but it’s far from perfect.

I’m sharing this because I couldn’t find a similar indicator available, and I thought it might be useful for others who are also exploring ETH’s long-term behavior. The bands start from Ethereum’s launch price and are adjustable via input parameters, but they are based on my best effort to align with historical data. With some decent coding experience, I’m sure someone could refine this further—perhaps by optimizing the coefficients or incorporating more advanced fitting techniques. Feel free to tweak the code, suggest improvements, or use it as a starting point for your own projects!

How to Use:
** THIS CHART IS SPECIFICALLY CODED FOR ETH/USD (KRAKEN) ON THE WEEKLY TIMEFRAME IN LOG VIEW**

The main band (blue) represents the logarithmic regression line.

The upper (red) and lower (green) bands provide a range around the main trend, adjustable with multipliers.

Adjust the "Launch Price," "Base Coefficient," "Growth Coefficient," and other inputs to experiment with different fits.

Disclaimer:
This is not financial advice. Use at your own risk, and always conduct your own research before making trading decisions.