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...
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...
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...
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.