OPEN-SOURCE SCRIPT

Linear Extrapolation

6 528
Basic extrapolator for forecast a time-series, all forecasts are mades length periods ahead.

snapshot

snapshot

This is not a estimation of the exact price

This should only be used for forecasting direction, dont expect the price to be at the same value of its forecast.

Bias, Mean absolute error, Mean percentage error...etc look useless here, its better to use correlation as a accuracy measurement.

Correlation(Forecast[length],close,period)

snapshot

Rescaling for a better forecast ?

Transforming a non-stationary signal to a stationary signal can increase the forecasting accuracy, this can be done by detrending. Here is a list of somes detrending methods:

Auto-Bias : price - price[period]

Mean-Bias : price - price moving average

Log transform : log(price/price moving average)

Correlation : correlation(price,n,period)



Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.