UPDATE: the original version works only with BTC. Here's a general version with rescaling.
There is not much to say - just vanilla locally weighted regression in PineScript 4. see: medium.com also: cs229.stanford.edu
This is a continuation of the series on forecasting techniques. Locally weighted linear regression is a non-parametric algorithm, that is, the model does not learn a fixed set of parameters as is done in ordinary linear regression. Rather parameters Θ (theta) are computed individually for each query point x. While computing Θ, a higher “preference” is given to the...
This update is meant for those who do not want to dig into the code. Also: - modified hma3 function - modified kahlman function - edited for readability - added alerting
Grid Range Finder w/Fib + Trend Dots This indicator is ideal for traders pursuing a GRID TRADING strategy. While it is true that the trading process is typically automated , the first and most important step is to find a sideways, consolidating, ranging or slowly upward trending market. There are GRID TRADING tutorials I've published (linked below) that go...
Early Release - More info soon™
This is a port to PS4 of an amazingly simple solution that may have good prospects as a standalone indicator, an add-on or an integral part of a trading system. Many thanks to its authors and contributors.
MOM_ATR_V1 it uses momentum and volatility to find supply and demand zones basically.
You should already know that you shouldn't trade against the market, but rather in the trend direction. You might also have noticed that during range market ( sideways action ) bad trades were more likely to happens. With this indicator, the trend is highlighted. Green for bullish trend. Red for bearish trend. No color for range market. Use this indicator...
Hello traders and aspiring Pinescripters You might remember this script Supertrend-Heatmap-Multi-timeframes/ ? A follower, asked me in a comment to do a version where YOU guys can select the timeframes Well... what follower asks, follower (sometimes) gets. I'm not Santa Claus but this is Christmas with a few months in advance (#oh #oh #oh)
Hi. It's simply histogram that shows divergence between the lines of the Chande Kroll Stop ind (built-in TradingView ind). I noticed that the lines intersect or are very close to each other if the volatility decreases. You can use MA like the main line or just 5, 10 lines how I do. Sorry for code Im not a programmer