OPEN-SOURCE SCRIPT
T.O/REG/Gauss Line
Updated
Hi Dear Traders/Dealers!
I present you here 3 lines that I developed myself base on statistical issues.
+Reg. Line
+Gauss Line
+T.O Line
-Reg. Line based on linear regression of previous inputs to make an average value.
-Gauss Line based on Gaussian mean value, Standard Deviation and it uses previous inputs to make an average value.
-T.O Line based on Gaussian and RMA methods generate an average value.
Hopefully useful for you!
Best regards and happy trading
Shakib
I present you here 3 lines that I developed myself base on statistical issues.
+Reg. Line
+Gauss Line
+T.O Line
-Reg. Line based on linear regression of previous inputs to make an average value.
-Gauss Line based on Gaussian mean value, Standard Deviation and it uses previous inputs to make an average value.
-T.O Line based on Gaussian and RMA methods generate an average value.
Hopefully useful for you!
Best regards and happy trading
Shakib
Release Notes
UPDATE 25.0822+SUPERTREND REGRESSION LINE added.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.