[RS]Linear Regression Bands V2EXPERIMENTAL:
added titles to inputs and plots for better understanding what is what(DCC)
M = middle, T = top, B = bottom, S = signal.
Lineare Regression
[NM]Improved Linear Regression Bull and Bear Power v02Hi guys, I'm back with a little improvement on the Bull and Bear Signal I published just last week thanks to some feedback I received from a couple of users, which is of course highly appreciated.
Here are the changes that have been implemented compared to v01 :
(version 1 is the top indicator, version 2 is the bottom one) in the chart above
Formula adapted to calculate the signal if no data is available for either bull or bear
Added the possibility to smoothen the signal using Arnaud Legroux Moving Average (the benefit of this is that it does not add any lag to the signal)
Zero line was added
If you have any further ideas on how to improve the indicator or if you are happy with it and want to share your settings or rules of engagement, please feel free to share them below.
Oh, and don't forget to click that like button ! :)
[RS][NM]Improved Linear Regression Bull and Bear Power v01The base code for this indicator was created by RicardoSantos
What I added is a signal line that indicates when to buy and when to sell.
Advised use :
Combine with a zero-lag indicator like ZeroLagEMA_LB by LazyBear (suggested period = 34)
Then use the following Rules of engagement :
Current price > ZLEMA & Signal line of BBP_NM is green : BUY
Current price < ZLEMA & Signal line of BBP_NM is red : SELL Please click the like button if you dig this indicator !
[RS]Linear Regression Bull and Bear Power V0EXPERIMENTAL:
Bull and Bear power based on linear regression (this is a non lagging oscillator, the parameter are for the lookup window for the donchian extremes)
this indicator can also be used for convergence/divergence.
[RS]Decay Channel Candles V0EXPERIMENTAL: Experiment using Linear Regression based on %atr for decay(decay option is a mutiplier for the atr).
Linear regression bandsLinear regression bands is constructed by using linear regression curve +/- ATR, for the lower and upper bounds respectively. One advantage of linear regression bands, compared to bollinger bands, is that this indicator is not a lagging indicator.
Linear Regression SlopeScript which calculates the linear regression slope, giving an idea where enter or exit in a market position.
Please if anybody have suggestions, let me know.
UCSgears_Linear Regression CurveThe Linear Regression Slope is based on the Curve.
List of All my Indicators - www.tradingview.com