█ OVERVIEW This indicator displays 3 timeframes of parallel channel using linear regression calculation to assist manual drawing of chart patterns. This indicator is not true Multi Timeframe (MTF) but considered as Alternative MTF which calculate 100 bars for Primary MTF, can be refer from provided line helper. The timeframe scenarios are defined based on...
Hey Everyone, This is a collab effort between me (a statistician) and @Stein3d (A coder). So if you like this indicator, be sure to also give him the credit! This a novel indicator theorized by me and applied by Stein3d. We are calling it the RPPI indicator, standing for Regression based Price Prediction Indicator. This is specifically coded for BTC and...
Heavily modified version of my previous "Relative Aggregate Strength Oscillator" -Added high/low lines, alma curves,, lrc bands, changed candle calculations + other small things. Replaces the standard RSI indicator with something a bit more insightful. Credits to @wolneyyy - 'Mean Deviation Detector - Throw Out All Other Indicators ' And @algomojo - 'Responsive...
This indicator fits a polynomial with a user set degree to the price using least squares and then extrapolates the result. Settings Length: Number of most recent price observations used to fit the model. Extrapolate: Extrapolation horizon Degree: Degree of the fitted polynomial Src: Input source Lock Fit: By default the fit and extrapolated result...
ATR Levels Calculated by adding ATR to daily low and subtracting ATR from daily high. Inputs can change ATR timeframe and range, defaults to 6 hr and daily.
Colorful Regression is a trend indicator. The most important difference of it from other moving averages and regressions is that it can change color according to the momentum it has. so that users can have an idea about the direction, orientation and speed of the graph at the same time. This indicator contains 5 different colors. Black means extreme downtrend, red...
Typical RSI indicators were plotted with candles and expressed wick to resemble a candle chart, and linear regression was added to predict changes in force intensity, which allowed us to confirm support and resistance within linear regression . In addition, divergence signal was marked as an additional basis for the price fluctuation point due to support and...
ReDraw script calculates the historical returns and drawdown for the given periods. By default, the return of the linear regression trends is displayed (can be turned off in settings). In this mode, two linear regression trends are being computed for both long and short periods, and the percent value indicates the "return of the trend" for the corresponding...
This indicator is a mix of 3 well known indicators the buy point is based on linear regression the sell points are based on mix of super trend and Bollinger it try to find best point to sell and buy which are independent from each other for each time frame you need to try to search for best setting alerts included
The objective of this indicator is to find the historical mean price of a market ( Intended for Indexes or ETF's). Based off of the concept that Benjamin Graham taught, that Mr. Market is a manic depressive forever oscillating between unjustified pessimism to extreme optimism. The intent of this indicator is to supplement a regular allocation strategy to an index...
Relative slope metric Description: I was in need to create a simple, naive and elegant metric that was able to tell how strong is the trend in a given rolling window. While abstaining from using more complicated and arguably more precise approaches, I’ve decided to use Linearly Weighted Linear Regression slope for this goal. Outright values are useful, but the...
This is a fast trend line regressor based on least squares regression. (1) Supports setting regression from the Nth candle (2) Supports the minimum and maximum regression candle interval length (3) Supports finding the optimal regression region based on the length step among the minimum and maximum regression region lengths (4) Supports displaying the optimal...
This is an optimized price range regressor based on least squares regression. (1) Supports setting regression from the Nth candle (2) Supports the minimum and maximum regression candle interval length (3) Supports finding the optimal regression region based on the length step among the minimum and maximum regression region lengths (4) Supports displaying the...
A mathematically elegant, native & modern way how to measure velocity/ strength/ momentum. As you can see it looks like MACD, but !suddenly! has N times shorter code (disregard the functions), and only 1 parameter instead of 3. OMG HOW DID HE DO IT?!? MACD: "Let's take one filter (1 parameter), than another filter (2 parameters), then let's take dem difference,...
The End Point Moving Average was introduced in the October 95 issue of Technical Analysis of Stocks & Commodities in the article "The End Point Moving Average", by Patrick E. Lafferty. The Time Series Forecast takes this value and the slope of the regression line to forecast the next day and then plots this forecasted price as today's value. For interpretation...
Here is my interpretation of the "Best Time To Buy" Bitcoin over its lifetime using a logarithmic regression trendline. The upper and lower lines are 10% deviations from the centre line. I calculated the trendline in excel and then coded my results into pine script.
█ OVERVIEW The 'Bitcoin Power Law Bands' indicator is a set of three US dollar price trendlines and two price bands for bitcoin , indicating overall long-term trend, support and resistance levels as well as oversold and overbought conditions. The magnitude and growth of the middle (Center) line is determined by double logarithmic (log-log) regression on the...
Match with the MM Chop Filter This draw Non repainting range boxes when the oscillator see a range. -Breakout Buy/Sell Signals and Exit signals when prices enters a range just in case you did get into a trade. . -Alarms to match the signals How to use Match with the oscillator and always trade the trend with your strategy confirmation and the breakout this...