KINSKI

KINSKI Volume Regression Trend

Regression trends are typically used to determine when a price is unusually far from its baseline. The script calculates the linear regression of volume and price to determine the trend direction and strength. This can be used to determine the volume support for upward/downward trends.

As a special feature, this indicator allows you to choose from three (as of 07/20/2021) templates with special presets.

The following templates are available:
  • "Precise" (Period: 4, Smoothing Factor Type: "DISABLED", Smoothing Factor Length = 1).
  • "Smooth" (Period: 4, Smoothing Factor Type: "RMA", Smoothing Factor Length = 2)
  • "Long Term (Period: 20, Smoothing Factor Type: "DISABLED", Smoothing Factor Length = 1)

In the selection for templates, the option "DISABLED" can also be selected. Then the user-defined settings selectable under it take effect. There are the following setting options.
  • "Length": Adjustable period
  • "Smoothing Factor: Type": Type of moving average
  • "Smoothing Factor: Length": Adjustable period

Other setting options are:
  • Color codes: The color codes are explained in the settings
  • Display types: "Columns", "Histogram", "Area", "Line", "Stepline"
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

Kommentare

500 Coins
Antworten
KINSKI PineCoders
@PineCoders,

wow, thanks a lot for this!
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Correction to my introductory description:
The script calculates the linear regression of volume and price to determine the trend direction and strength.
+1 Antworten
thanks a lot
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great job
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This publication is now featured in our Editors' Picks: https://www.tradingview.com/scripts/editors-picks/ .
In the name of all TradingViewers, thank you for your valuable contribution to the community, and congrats!
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KINSKI PineCoders
@PineCoders,

I am seriously excited :-) THX
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does this repaint??
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KINSKI yourexdante
@yourexdante,

No. Here is an explanation of what is meant by repainting:
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