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 ...
Hello Traders, There are several nice Linear Regression Channel scripts in the Public Library. and I tried to make one with some extra features too. This one can check if the Price breaks the channel and it shows where is was broken. Also it checks the momentum of the channel and shows it's increasing/decreasing/equal in a label, shape of the label also...
Analyze exponential trends, a line in log chart is exponential in an absolute chart.
The indicator consists of four main parts, the main SR/Rejection the solid black line, the Second SR, Trend channels the dashed line , and Alerts. The Main SR/ Rejection point is used to indicate a rejection of a candlestick . This first type of rejection is identified by a default black line to represent a low zone in the market for that trade. The Second SR...
Hey folks. This is an experimental guppy formed from regression lines, instead of the normal EMAs. There are 8 regression plots in total, starting from 25, and progressing in increments of 25, ending in 200. I've added a bias color in the background to assist in trend directions for when price is above all regression lines or below all regression...
This is the slope of linear regression plotted as a histogram. It has a threshold for the slope in case there is a minimum slope amount that the user wants for it to show green or red. The color shows a dim and bright effect depending on the direction of the slope to better show its rise and fall. You can set the length of the slope in the input setting...
This is the Oscillator that is meant to go with the Variable Linear Regression With Pearsons R Script. Set this to match the settings you have on the other script. To use this, you want to do trades something like this: The bottom -0.80 (green line) means that the trend is very strong in the upward direction. This almost always means it's about to finish its...
This script allows you to set a variable number of linear regressions with alternating colors you can select. It will have a partner oscillator script shortly so you can see how the different trends change and interact with each other over time. The script is currently very slow if you set the period for the linear regression too high. I recommend not going...
Release Note: Keeping in mind of getting full potential of Donchian Channels, As part of this script, Linear Regression is used as primary source to identify trend and execute the trades. Hull Moving Average given as alternative option in place of Linear regression. Linear Regression: Linear regression used to identify trend, trade setup, and stop. Based on...
A Linear Regression Channel gives more objective potential buy and sell signals based on price volatility. It consists of three parts: Linear Regression Line: A Linear Regression Line is a straight line that best fits the prices between a starting price point and an ending price point. A "best fit" means that a line is constructed where there is the least...
This code is a slightly modified version of Tradingviews' built-in "linear regression" script which can be correctly plotted on logarithmic charts.
Logarithmic regression (or known as Tseng's tunnels), is used to model data where growth or decay accelerates rapidly at first and then slows over time. This model is for the long term series data (such as 10 years time span). The user can consider entering the market when the price below 25% or 5% confidence and consider take profit when the price goes above 75%...
Release Note: This indicator script setup is published to identify the strength and ride the trends. HMA: HMA 100 period is used as default. However this can be changed as per wish. Major turning points or decisions can be made using this HMA line. Purple color is used to identify this. This can be used as the final extreme stop for any trend before it...
This is an experimental study designed to calculate polynomial regression for any order polynomial that TV is able to support. This study aims to educate users on polynomial curve fitting, and the derivation process of Least Squares Moving Averages (LSMAs). I also designed this study with the intent of showcasing some of the capabilities and potential applications...
RSI with Self-Adjusting Linear Regression Bands (Expo) makes use of RSI and Linear Regression to create an RSI that follows the current trend. The indicator has an upper and lower self-adjusting Linear Regression Band that act as RSI boundaries. HOW TO USE The indicator can be used in multiple ways, for instance, to find overbought and oversold areas. Or to...
This is a linear trend indicator that can: - automagically adjust to different chart resolutions - snap to day/session boundaries on intraday - totally not do the above and use ye olde good fixed lookback window - show the regression trend and its RMSE channels - disregard the trend and just show the period average and standard deviation lines (often acting as...
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.
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...