OPEN-SOURCE SCRIPT
Forecasting - Vanilla Locally Weighted Regression
There is not much to say - just vanilla locally weighted regression in PineScript 4.
see: medium.com/100-days-of-algorithms/day-97-locally-weighted-regression-c9cfaff087fb
also: cs229.stanford.edu/proj2017/final-reports/5241098.pdf
see: medium.com/100-days-of-algorithms/day-97-locally-weighted-regression-c9cfaff087fb
also: cs229.stanford.edu/proj2017/final-reports/5241098.pdf
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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