OPEN-SOURCE SCRIPT
Polynomial Regression Bands w/ Extrapolation of Price [Loxx]

Polynomial Regression Bands w/ Extrapolation of Price [Loxx] is a moving average built on Polynomial Regression. This indicator paints both a non-repainting moving average and also a projection forecast based on the Polynomial Regression. I've included 33 source types and 38 moving average types to smooth the price input before it's run through the Polynomial Regression algorithm. This indicator only paints X many bars back so as to increase on screen calculation speed. Make sure to read the tooltips to answer any questions you have.
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 .
Related indicators
Polynomial-Regression-Fitted Oscillator [Loxx]
![Polynomial-Regression-Fitted Oscillator [Loxx]](https://s3.tradingview.com/z/ZKdY5nCV_mid.png)
Polynomial-Regression-Fitted RSI [Loxx]
![Polynomial-Regression-Fitted RSI [Loxx]](https://s3.tradingview.com/g/gKdG39Do_mid.png)
PA-Adaptive Polynomial Regression Fitted Moving Average [Loxx]
![PA-Adaptive Polynomial Regression Fitted Moving Average [Loxx]](https://s3.tradingview.com/x/xj9dbGma_mid.png)
Poly Cycle [Loxx]
![Poly Cycle [Loxx]](https://s3.tradingview.com/y/ywjaMkyI_mid.png)
Fourier Extrapolator of Price w/ Projection Forecast [Loxx]
![Fourier Extrapolator of Price w/ Projection Forecast [Loxx]](https://s3.tradingview.com/u/u0r2gpti_mid.png)
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 .
Related indicators
Polynomial-Regression-Fitted Oscillator [Loxx]
![Polynomial-Regression-Fitted Oscillator [Loxx]](https://s3.tradingview.com/z/ZKdY5nCV_mid.png)
Polynomial-Regression-Fitted RSI [Loxx]
![Polynomial-Regression-Fitted RSI [Loxx]](https://s3.tradingview.com/g/gKdG39Do_mid.png)
PA-Adaptive Polynomial Regression Fitted Moving Average [Loxx]
![PA-Adaptive Polynomial Regression Fitted Moving Average [Loxx]](https://s3.tradingview.com/x/xj9dbGma_mid.png)
Poly Cycle [Loxx]
![Poly Cycle [Loxx]](https://s3.tradingview.com/y/ywjaMkyI_mid.png)
Fourier Extrapolator of Price w/ Projection Forecast [Loxx]
![Fourier Extrapolator of Price w/ Projection Forecast [Loxx]](https://s3.tradingview.com/u/u0r2gpti_mid.png)
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menjadikannya sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Hormat untuk penulisnya! Meskipun anda dapat menggunakannya secara gratis, ingatlah bahwa penerbitan ulang kode tersebut tunduk pada Tata Tertib kami.
Public Telegram Group, t.me/algxtrading_public
VIP Membership Info: patreon.com/algxtrading/membership
VIP Membership Info: patreon.com/algxtrading/membership
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.