Da_Prof

Polylog Regression - Bitcoin (BTC) [Logue]

Polynomial Logarithmic Regression. The BTC cycle tops and bottoms were separately fit using a polynomial regression. The extensions are linear; meaning the extensions will overestimate the future top and bottom bands. The bottom band was fit on much more data than the top band, so is likely to be more reliable. The shape of the regression into the future was estimated, so may not be accurate into the future.

Use this indicator at your own risk. I make no claims as to its accuracy in forecasting future tops or bottoms of bitcoin.

This is used in the "BBI - Bitcoin Bottom Indicator," "BTI - Bitcoin Top Indicator", and the "BTB - Bitcoin Top and Bottom Indicator". Please see these indicators for more information as to how to support me developing more indicators in my spare time.

Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?