OPEN-SOURCE SCRIPT
100400 Scalping PullBack Tool R1.1
100400 Scalping PullBack Tool R1.1
The following tool smooths the price data using the Nadaraya-Watson estimator, a simple Kernel regression method. We make use of the Gaussian kernel as a weighting function.
The following tool smooths the price data using the Nadaraya-Watson estimator, a simple Kernel regression method. We make use of the Gaussian kernel as a weighting function.
Release Notes
The following tool smooths the price data using the Nadaraya-Watson estimator, a simple Kernel regression method. We make use of the Gaussian kernel as a weighting function. 
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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