Bitcoin wave model is based on the logarithmic regression model and the sinusoidal waves, induced by the halving events. This chart presents the outcome of an in-depth analysis of the complete set of Bitcoin price data available from October 2009 to August 2023. The central concept is that the logarithm of the Bitcoin price closely adheres to the logarithmic...
This indicator is supplementary to our Triple Quadratic Regression overlaid indicator (which includes three step lines - a fast (fuchsia), a medium (yellow), and a slow (blue) quadratic regression line to help the user obtain a clearer picture of current trends). Quadratic regression is better suited to determining (and predicting) trend than linear regression ;...
This indicator draws three step lines - a fast (fuchsia), a medium (yellow), and a slow (blue) quadratic regression line to help the user obtain a clearer picture of current trends. Quadratic regression is better suited to determining (and predicting) trend than linear regression; y = ax^2 + bx + c is better to use than a simple y = ax + b. Calculating the...
Due to popular request, this is an envelope implementation of my non-repainting Nadaraya-Watson indicator using the Rational Quadratic Kernel. For more information on this implementation, please refer to the original indicator located here: What is an Envelope? In technical analysis, an "envelope" typically refers to a pair of upper and lower bounds that...
Library "KernelFunctions" This library provides non-repainting kernel functions for Nadaraya-Watson estimator implementations. This allows for easy substitution/comparison of different kernel functions for one another in indicators. Furthermore, kernels can easily be combined with other kernels to create newer, more customized kernels. Compared to Moving...
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...
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...
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.
Original implementation idea of bands by: Traders issue: Stocks & Commodities V. 14:9 (375-379): Standard Error Bands by Jon Andersen Standard Error Bands are quite different than Bollinger's. First, they are bands constructed around a linear regression curve. Second, the bands are based on two standard errors above and below this regression line. The...
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...
The tool plots a linear regression line using the entire history of an instrument on chart. There are may be issues on intraday timeframes less then 1h. On daily, weekly and monthly charts it works without problem. If an instrument has a lot of data points, you may not see the line (this is TV feature): To fix that you need to scroll your chart to the left...
Dynamic Regression Bandings (Base10) is designed to provide a statistical range of outlier pricing within an established trend. Instead of calculations being performed on a linear scale, spot price is adjusted logarithmically, allowing for regression to be performed over longer periods without compound movement creating abnormal behaviour. The range is set...
Due to public demand Linear Regression Formula Scraped Calculation With Alerts Here is the Linear Regression Script For traders Who love rich features Features ++ Multi time frame -> Source Regression from a different Chart ++ Customized Colors -> This includes the pine lines ++ Smoothing -> Allow Filtered Regression; Note: Using 1 Defaults to the original...
This is an experimental study which calculates a linear regression channel over a specified period or interval using custom moving average types for its calculations. Linear regression is a linear approach to modeling the relationship between a dependent variable and one or more independent variables. In linear regression, the relationships are modeled using...
This indicator was originally developed by Donald Dorsey (Stocks & Commodities, V.13:9 (September, 1995): "Refining the Relative Volatility Index"). Inertia is based on Relative Volatility Index (RVI) smoothed using linear regression. In physics, inertia is the tendency of an object to resist to acceleration. Dorsey chose this name because he believes that trend...
Inspired by everget's implementation of Kirshenbaum Bands. This indicator was originally developed by Paul Kirshenbaum, a mathematician with a Ph .D. in economics from New York University. It uses the standard error of linear regression lines of the closing price to determine band width. This has the effect of measuring volatility around the current trend,...
This indicator was originally developed by Paul Kirshenbaum, a mathematician with a Ph.D. in economics from New York University. It uses the standard error of linear regression lines of the closing price to determine band width. This has the effect of measuring volatility around the current trend, rather than measuring volatility for changes in trend. Good luck!