Title: Somali Free Pips Algo Description: The Somali Free Pips Algo is a versatile trend-following strategy that combines EMAs, SMAs, and HMAs to generate buy and sell signals. This script is designed to help traders identify strong trend reversals and market momentum shifts. It uses a combination of moving averages to smooth price data and provide clear entry...
TrendMaster Pro: A Comprehensive Trend Analysis Tool for Long-Term Investors TrendMaster Pro is an advanced technical indicator designed to provide long-term investors with a robust and comprehensive analysis of market trends. This sophisticated tool operates exclusively on daily timeframes, making it ideal for those focused on long-term investment strategies. By...
The Machine Learning Regression Trend tool uses random sample consensus (RANSAC) to fit and extrapolate a linear model by discarding potential outliers, resulting in a more robust fit. 🔶 USAGE The proposed tool can be used like a regular linear regression, providing support/resistance as well as forecasting an estimated underlying trend. Using RANSAC...
SUPER GCOV5 MAPSCALP indicator is built specifically for mapping/prediction measurement and fast trading i.e. scalping/intraday in the commodity market or cryptos market. It uses an indicator instrument consisting of ATR TRAILING STOP (ATR), EXPONENTIAL MOVING AVERAGE, PIVOT POINT, FIBONACCI KEY LEVEL, and LINEAR REGRESSION CHANNEL(LRC). Rebuild of...
This is a regression channel that uses ichimoku to determine trend. The sensitivity is customizable. The centerline will change color according to the trend detected by ichimoku, and each line can act as support/resistance. The bands of the channel also change colors according to how far price is getting away from them. If you notice in this example, the lower...
This indicator displays polynomial regression channels fitted using data within a user selected time interval. The model is fitted using the same method described in our previous script: Settings Degree: Degree of the fitted polynomial Width: Multiplicative factor of the model RMSE. Controls the width of the polynomial regression's channels Timeframe:...
An experiment using Pinescript's candle plotting feature. This indicator performs a linear regression on the lows, highs, and moving average, and plots them all in the form of a candlestick. If the close is below the prediction, the candlestick is red, if the close is above the regression, the candlestick is green. Effective and aesthetic way to analyze trends.
Based on oryginal TV indicator BUT with a little twist. ;) I really like the regression channel - but the problem is that the length needs to be always manually adjusted. In this script I try to solve this issue. This is modified version on TV indicator - Linear Regression Channel. The main difference is that now you don't get static length - it is...
[image/x/iZvwDWEY/ Relative Strength indicator comparing the current symbol to SPY (or any other benchmark). It may help to pick the right assets to complement the portfolio build around core ETFs such as SPY. The general idea is to show if the current symbol outperforms or underperforms the benchmark (SPY by default) when bought some certain time ago. Relative...
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...
I know there are a lot of BTC rainbows out there, I just wanted to publish my version with my fittings to the BTC price. The grey channel at the bottom encloses the March 2020 Corona dump. For best experience USE WEEKLY TIMEFRAME .
This indicator maps two regressions. The outer regression (green straight lines in the chart) tracks the main trend. It save you from working out your own trend channels, BUT it does move with the price, so it is different from a static channel. You can use it as a template for drawing static channels though. The inner regression (the curved lines) is a...
Introducing the Moving Regression Prediction Bands indicator. Here I aimed to combine the principles of traditional band indicators (such as Bollinger Bands), regression channel and outlier detection methods. Its upper and lower bands define an interval in which the current price was expected to fall with a prescribed probability, as predicted by the...
Thanks to The Sweet Lord , here is the Gaur's Polynomial Regression Channel. Its a Polynomial Regression Channel but applied a little differently. Wont go into technical details much. Overview of options is as follows- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -...
Linear Regression Channel designed for easy analysis with 18 lines instead of the standard three.
BTC long term regression analysis inspired by the work of many others: DonovanWall, hcburger1, intheloop, davthewave. For use on BTC only, for longer term analysis use ticker BNC:BLX for BraveNewCoin's Bitcoin index going back to 2010. Looks best on weekly timeframes. Intended for use on log charts.
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...
My first idea about the linear regression channel... It is free and available for everybody.