The tool plots a linear regression line using the entire history of an instrument on chart. There are may be issues on intraday timeframes less then 1h. On daily, weekly and monthly charts it works without problem. If an instrument has a lot of data points, you may not see the line (this is TV feature): To fix that you need to scroll your chart to the left...
Fit a quadratic polynomial (parabola) to the last length data points by minimizing the sum of squares between the data and the fitted results. The script can extrapolate the results in the future and can also display the R-squared of the model. Note that this script is subject to some limitations (more in the "Notes" section). Settings Length : Number of...
Plot a linear regression channel through the last length closing prices, with the possibility to use another source as input. The line is fit by using linear combinations between the WMA and SMA thus providing both an interesting and efficient method. The results are the same as the one provided by the built-in linear regression, only the computation differ. ...
**DESIGNED FOR ES/MES** This script provides an easy visualization of potential reversion zones to take trades back to the intraday midline. A common use would be to enter a position once price reached the outer yellow zones and retreats to either the red zone (for a short toward the midline) or a green zone (for a long back to the midline).
**DESIGNED FOR NQ/MNQ** This script provides an easy visualization of potential reversion zones to take trades back to the intraday midline. A common use would be to enter a position once price reached the outer yellow zones and retreats to either the red zone (for a short toward the midline) or a green zone (for a long back to the midline).
Due to public demand Linear Regression Formula Scraped Calculation With Alerts Here is the Linear Regression Script For traders Who love rich features Features ++ Multi time frame -> Source Regression from a different Chart ++ Customized Colors -> This includes the pine lines ++ Smoothing -> Allow Filtered Regression; Note: Using 1 Defaults to the original...
Here is another amazing script for you guys Target Audience ++ Programmers ++ Linear Regression Enthusiasts Please Use this Indicator If you understand the risk posed by linear regression; ill explain some below Features ++ Raw Formulae for the linear regression --I understand that tradingview explanation on how the linreg function works is not clear to...
Hot off the press, I present this next generation "Leavitt Convolutions Multicator" employing PSv4.0, originally formulated by Jay Leavitt, Ph.D. for TASC - January 2020 Traders Tips. Basically it's an all-in-one combination of three Leavitt indicators. This triplet indicator, being less than a 60 line implementation at initial release, is a heavily modified...
Introduction Technical analysis make often uses of classical statistical procedures, one of them being regression analysis, and since fitting polynomial functions that minimize the sum of squares can be achieved with the use of the mean, variance, covariance...etc, technical analyst only needed to replace the mean in all those calculations with a moving average,...
This is an experimental study which calculates a linear regression channel over a specified period or interval using custom moving average types for its calculations. Linear regression is a linear approach to modeling the relationship between a dependent variable and one or more independent variables. In linear regression, the relationships are modeled using...
This script is written totally thanks to Alex Grover (). Here it is implemented in conjunction with the seasonal forecast I showed in one of my previous posts. It takes the calculated QReg curve and extends its last section (Season) into the future (Forecasted periods).
UPDATE: the original version works only with BTC. Here's a general version with rescaling.
There is not much to say - just vanilla locally weighted regression in PineScript 4. see: medium.com also: cs229.stanford.edu
Tested on 5m TF with EURUSD. Settings should be modified appropriately for other TFs, lookbacks and securities. This indicator does not repaint.
This is my first public release of indicator code and my PSv4.0 version of "Linear Regression Channel", as it is more commonly known. It replicates TV's built-in "Linear Regression" without the distraction of heavy red/blue fill bleeding into other indicators. We can't fill() line.new() at this time in Pine Script anyways. I entitled it Linear Regression Trend...
Introduction Forecasting is a blurry science that deal with lot of uncertainty. Most of the time forecasting is made with the assumption that past values can be used to forecast a time series, the accuracy of the forecast depend on the type of time series, the pre-processing applied to it, the forecast model and the parameters of the model. In tradingview we...
Introduction I already mentioned various problems associated with the lsma, one of them being overshoots, so here i propose to use an lsma using a developed and adaptive form of 1st order polynomial to provide several improvements to the lsma. This indicator will adapt to various coefficient of determinations while also using various recursions. More In Depth ...