This is your basic single moving average but with a "slope" component. The idea here is that once a slope reaches a value great enough you should probably only trade with the trend so this indicator allows you to set that threshold separately for going long and short. The indicator is designed to display on both the main chart and a separate chart area. If you...
The Projection Bands were created by Mel Widner (Stocks and Commodities Jul 1995) and this indicator and the other two that rely on this one (I will publish them later) are very underappreciated in my humble opinion. The biggest strength of this indicator is the fact that it is a leading indicator for dramatic price movements. As you can see in my example chart it...
Four time frames in one indicator in different colors, showing current price trend in different scopes. If the slope of the smaller time frame is in a (0,75;1,25) interval of some of the bigger ones the smaller one is omitted (different signs near zero are not coalesced in that way though). Every time frame has four deltas of range in trend lines of different...
This indicator automatically draws a regression channel plotted on logarithmic scale from the first quotation. This model is useful for the long term series data (such as 10 or 20 years time span). The Pearson correlation measures the strength of the linear relationship between two variables. It has a value between to 1, with a value of 0 meaning no...
・Indicator for linear regression channel. ・Multiple deviations can be displayed. ・The color changes by reading the angle of the center line according to the direction of the market. Rising market → blue Down market → Red ---------------------------------------------- ・線形回帰チャネルのインジケーター。 ・偏差を複数表示可能。 ・相場の向きに合わせてセンターラインの角度を読み取り色が変わります。 上げ相場 → 青 下げ相場 → 赤
This script indicates the Buy and Sell positions on your chart. In addition, it shows entry price , stop loss and possible targets on the chart. The same information are shown in a table where you can find the position type (long/short) in green and red color, entry point, stop-loss (always in red) and targets. The targets are defined by Risk to Reward...
Overview: This version of the Volume-Weighted Average Price (VWAP) indicator features an extended algorithm, which, in addition to volume and price, also incorporates regression analysis. The result is a more responsive, often leading VWAP slope with a degree of statistical predictability built in. Just like with the original VWAP, NEXT Regressive VWAP offers...
This indicator is inspired by traditional statistical histograms. It will return the number of occurrences of price falling within each interval (bins) of the linear regression channel. This can be useful to highlight zones of interest within a trend. Settings Length: Number of recent closing prices used for the computation of the linear regression. Bins...
Both the RSI (Relative Strength Index) and the Linear Regression ( LR ) rank among the most popular momentum indicators used in trading. When used in combination with other technical indicators (ZigZag), both RSI, LR and ZigZag can offer value in validating trade opportunities to optimize your risk management practices. Here’s a look at how to use RSI, LR and...
This indicator displays a fan using a linear regression fit to the price as a base. All lines are equidistant and are drawn from the first point of the linear regression to the most recent point of the linear regression plus the root-mean-square deviation (RMSD) multiplied by a certain factor. Settings Length: Lookback period for the linear regression. ...
Calculates a log-log regression from arrays. Due to line limits, for sets greater than the limit, only every nth value is plotted in order to cover the entire set.
Calculates an exponential regression from arrays. Due to line limits, for sets greater than the limit, only every nth value is plotted in order to cover the entire set.
This one is a little different. Instead of layering lots of indicators to filter noise, I'm instead using two different kinds of price averaging to smooth the candles and better define the direction. Just select a smoothing value that fits your chart and timeframe. In theory, this should remove a fair bit of noise (although nothing's perfect) I've managed to...
This indicator uses a simple time series forecasting method derived from the similarity between recent prices and similar/dissimilar historical prices. We named this method "ECHO". This method originally assumes that future prices can be estimated from a historical series of observations that are most similar to the most recent price variations. This similarity...
This code is a modified version of the built-in "linear regression" script of Tradingviews which can be plotted correctly on logarithmic charts The log reg code of Forza was adjusted by altustro to generate an exponential regression (or a correct linear regression on the log scale, this is equivalent). The standard deviation in the log scale is a better volatility...
In Tradingview it is not possible to actually display arbitrary non-linear functions retrospectively. Series objects can only depend on the current or past bars Thus, while regression is possible, display of a non-linear curve into the past is not possible This script is a workaround to be able to still display an exponential fit of the last n bars. It is based...
Both the Moving Average Convergence Divergence (MACD) and the Linear Regression (LR) rank among the most popular momentum indicators used in trading. When used in combination with other technical indicators, both MACD and LR can offer value in validating trade opportunities to optimize your risk management practices. While they represent a similar approach to...
Regression trends are typically used to determine when a price is unusually far from its baseline. The script calculates the linear regression of volume and price to determine the trend direction and strength. This can be used to determine the volume support for upward/downward trends. As a special feature, this indicator allows you to choose from three (as of...