Here is another amazing script for you guys
++ Linear Regression Enthusiasts
Please Use this Indicator If you understand the risk posed by linear regression; ill explain some below
++ Raw Formulae for the linear regression
--I understand that tradingview explanation on how the linreg function works is not clear to...
Moving Regression is a generalization of moving average and polynomial regression.
The procedure approximates a specified number of prior data points with a polynomial function of a user-defined degree. Then, polynomial interpolation of the last data point is used to construct a Moving Regression time series.
Moving Regression allows one to smooth...
So the idea of the Daily Play Ace Spectrum is to extend the Ace Spectrum .
By exposing more parameters, making a variation of the Ace Spectrum which is more configurable.
The idea is this makes the Daily Play Ace Spectrum more suitable for use on shorter (hourly and minute) time scales.
These specific parameters exposed still maintain the original form ...
Bull and Bear power based on linear regression (this is a non lagging oscillator, the parameter are for the lookup window for the donchian extremes)
this indicator can also be used for convergence/divergence.
(accidentjev2) added multi timeframe support (indicator may repaint values)
Linear regression bands is constructed by using linear regression curve +/- ATR, for the lower and upper bounds respectively. One advantage of linear regression bands, compared to bollinger bands, is that this indicator is not a lagging indicator.
This script takes advantage of the Pearson's R attribute of the data set you provide.
Pearson's R attempts to find how correlated data is with a potential pattern. If the number is negative the correlation is upwards . If it's positive the correlation is downwards . Pearson's R can only be a number between -1 and 1. It should be impossible to ever...
A regression line is simply a single line that best fits the data.
In the pinescript you can plot a linear regression line using the linreg function.
Here i share the entire calculation of the linear regression line, you are free to take the code and modify the functions in the script for creating your own kind of filter.
Logarithmic regression of the USD price of Bitcoin , calculated according to the equation:
y=A*exp(beta*x^lambda + c) + m*x + b
where x is the number of days since the genesis block. All parameters are editable in the script options.
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...
This model give us the following
1 .linear regression channel
2.dynamic upper and lower fibs
3. upper and lower bollinger bands
each specific to the time frame that you use
So by using all 3 in one indicator it easy to see ressistance and support level
This is meant as a partner to my linear regression strategy script. This one however is just the indicator only so you can overlay the technique over other strategies.
To use this script you need to understand what Pearson's R is; which is how correlated a set of data is to a line within a given deviation (+ or -).
If the Pearson's R is negative (-) then the...
This script tries to find when a trading channel is developing and once is developed it will save it for later use on 2 variables up and down channel. You can access the last 2 channels for comparisons but this could be extensible for more channels.
You can choose the delta for the alignment accuracy of the channel.
The error for the difference between channels...
This is a simple end of the day indicator based on open and close values.
Identifying narrow angles helps to find breakouts
Maximum angle = High chance of reversal
Minimum angle = Chance of breakouts on the next day or upcoming days.
I personally use price flow to simplify the flow of candlestick chart and to identify breakouts using...
This is meant to be a partner indicator to "Linear Regression - Auto Adjust To Ideal Pearson's R (Min & Max)" which can be found under my profile on the scripts I have made.
It's important the the ideal Pearsons R + and - ideal ranges are the same as the other script so you can visualize the results better and what is going on. I set them to default to 0.85...
SniperTrading permite detectar los momentos exactos de compra y venta obteniendo un buen rendimiento.
* Realice una compra cuando el indicador de COMPRA aparezca en la pantalla.
* Realice una venta cuando el indicador de VENTA aparezca en la pantalla.