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Polynomial-Regression-Fitted Oscillator [Loxx]

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Polynomial-Regression-Fitted Oscillator [Loxx] is an oscillator that is calculated using Polynomial Regression Analysis. This is an extremely accurate and processor intensive oscillator.

What is Polynomial Regression?
In statistics, polynomial regression is a form of regression analysis in which the relationship between the independent variable x and the dependent variable y is modeled as an nth degree polynomial in x. Polynomial regression fits a nonlinear relationship between the value of x and the corresponding conditional mean of y, denoted E(y |x). Although polynomial regression fits a nonlinear model to the data, as a statistical estimation problem it is linear, in the sense that the regression function E(y | x) is linear in the unknown parameters that are estimated from the data. For this reason, polynomial regression is considered to be a special case of multiple linear regression .

Things to know
  • You can select from 33 source types
  • The source is smoothed before being injected into the Polynomial fitting algorithm, there are 35+ moving averages to choose from for smoothing
  • This indicator is very processor heavy. so it will take some time load on the chart. Ideally the period input should allow for values from 1 to 200 or more, but due to processing restraints on Trading View, the max value is 80.


Included
  • Alerts
  • Signals
  • Bar coloring


Other indicators in this series using Polynomial Regression Analysis.

Poly Cycle
Poly Cycle [Loxx]


PA-Adaptive Polynomial Regression Fitted Moving Average [Loxx]
PA-Adaptive Polynomial Regression Fitted Moving Average [Loxx]
版本注释
Small update on Alerts.
Linear RegressionOscillatorspolynomialpolynomialregressionanalysisregressionregressions

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

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