This is an example of regression channel with harmonic pattern. By using Simple OHLC Custom Range Interactive, we able make confluence point (blue) to get Point X of Bullish Butterfly. There are many confluence points (orange flag and teal table), which shows Point D of Butterfly starting to complete. For Point D, best to monitor price changes using RSI or other...
This is an example of Channel Up and M Pattern (Bullish Bat). Found that M Pattern (Bullish Bat) within Channel Up. Pattern already touches PRZ (orange) and completed TP1 and TP2 (lime). Indicator used : 1. Regression Channel Alternative MTF 2. HH-LL ZZ 3. XABCD Harmonic Pattern Custom Range Interactive
An article titled Bitcoin Stock-to-Flow Model was published in March 2019 by "PlanB" with mathematical model used to calculate Bitcoin model price during the time. We know that Ripple has a strong correlation with Bitcoin. But does this correlation have a definite rule? In this study, we examine the relationship between bitcoin's stock-to-flow ratio and the...
Strategy type: Breakout Ingredients: Price, Volume, Regression Prerequisite add-ons (free): Regressive VWAP and Strategy Visualizer Target market: CME:BTC1! or BITSTAMP:BTCUSD - Long Entry on Close crossing over Regressive VWAP - Short Entry on Close crossing under Regressive VWAP - Optional: exit when price retraces to upper band (LX) or lower band...
Required add-on (free): NEXT Regressive VWAP Target market: COMEX:GC1! 10R chart Strategy Overview: - Long when price crosses upper band (green) - Short when price crosses lower band (red) - Do not initiate trades in the buffer zone (between the bands) - that is our filter Setting Alerts: Here is how to set price (close) crossing band alerts: open a...
Linear Regression Channels are a great way to identify potential key levels of future price action by graphing the normal distribution of a trend. When using the Regression Trend tool (located in the drawing panel under the “Trend Line Tools” group) two points on a trend are chosen, generally at the beginning of the trend and the end of the trend. When the...
✅ What is Regression? Regression is a statistical method used in finance, investing, and other disciplines that attempts to determine the strength and character of the relationship between one dependent variable (usually denoted by Y) and a series of other variables (known as independent variables). The general form of each type of regression is: Simple linear...
Okay, this is a simple trick with the built-in Linear Regression indicator. I have used two instances of the indicator, but with different sources. The first one uses price of an instrument and the second one uses volume of an instrument. Yes, it is possible to use non-standard source because the indicator has a special input for that. As result you get a simple...
I have added in another regression trend channel going back to the late 2016 high. That longer-term channel shows the potential upside target for a breakout above the medium-term channel if that were to occur. At this particular juncture, the medium and short-term channels are the ones in play, with a potential or bounce or break of the short-term channel on the...
Currency charts (or any chart) can look rather chaotic sometimes. Grabbing a regression trend tool may help. You select the tool and the pick the two points...usually a major high and low. The regression tool then finds the line of best fit through the data. You can also add standard deviations above and below the regression line, resulting in a channel. The...
Least Squares Moving Average, Running Least Squares, Regression Line or even Running Line, this method is among the most popular ones in statistics and technical analysis. The LSMA is extremely useful, it approximate the price pretty well and can be considered as one of the best low-lagging filters out there. Knowing how this filter is made can be really...