OPEN-SOURCE SCRIPT
Diupdate Function - Linear Regression

Description:
A Function that returns a linear regression channel using (X,Y) vector points.
Inputs:
_X: Array containing x data points.¹
_Y: Array containing y data points.¹
Note:
¹: _X and _Y size must match.
Outputs:
_predictions: Array with adjusted _Y values at _X.
_max_dev: Max deviation from the mean.
_min_dev: Min deviation from the mean.
_stdev/_sizeX: Average deviation from the mean.
Resources:
statisticshowto.com/probability-and-statistics/regression-analysis/find-a-linear-regression-equation/
en.wikipedia.org/wiki/Linear_regression
A Function that returns a linear regression channel using (X,Y) vector points.
Inputs:
_X: Array containing x data points.¹
_Y: Array containing y data points.¹
Note:
¹: _X and _Y size must match.
Outputs:
_predictions: Array with adjusted _Y values at _X.
_max_dev: Max deviation from the mean.
_min_dev: Min deviation from the mean.
_stdev/_sizeX: Average deviation from the mean.
Resources:
statisticshowto.com/probability-and-statistics/regression-analysis/find-a-linear-regression-equation/
en.wikipedia.org/wiki/Linear_regression
Catatan Rilis
added color, and extend options, removed some test inputs, optimized array creation process slightly.Catatan Rilis
corrected a issue reported by: marketrading001Skrip open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Pernyataan Penyangkalan
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.
Skrip open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Pernyataan Penyangkalan
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.