OPEN-SOURCE SCRIPT

Multi Kernel Regression [ChartPrime]

1079
"NAMAZOV ELSAD"

This indicator leverages multiple kernel regression methods to smooth price movements and identify market direction. It is optimized to provide precise "Up" and "Down" signals for potential buy and sell opportunities.

Features:

Kernel Selection: Choose from 17 different kernels, including Triangular, Gaussian, Laplace, and more.
Signal Precision: Accurate "Up" and "Down" signals filtered by a minimum signal threshold for enhanced reliability.
Line Chart Compatibility: Option to hide indicator lines in "line" charts while keeping signals visible via a dedicated parameter.
Customization: Extensive options for bandwidth, deviations, colors, and line styles.
Repaint Flexibility: Switch between repaint and non-repaint modes.
Usage Recommendation:

Ideal for trend-following and pinpointing entry/exit points. For a cleaner view on "line" charts, enable the Hide Lines in Line Chart option. Adjust the Min Signal Threshold to fine-tune signal sensitivity based on your trading strategy.

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