Pilihan editor
OPEN-SOURCE SCRIPT

Log-Normal Price Forecast

10 117
Log-Normal Price Forecast

This Pine Script creates a log-normal forecast model of future price movements on a TradingView chart, based on historical log returns. It plots expected price trajectories and bands representing different levels of statistical deviation.

Parameters

  1. Model Length – Number of bars used to calculate average and standard deviation of log returns (default: 100).
  2. Forecast Length – Number of bars into the future for which the forecast is projected (default: 100, max: 500).
  3. Volatility SMA Length – The smoothing length for the standard deviation (default: 20).
  4. Confidence Intervals – Confidence intervals for price bands (default: 95%, 99%, 99.9%).

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.