Pages

Spline (Regression) Indicator

PVSpline Indicator

You can use this tool to draw different smoothed (least squares fit) polynomial regression splines. Input via mouse click so you can pick the most important ones even for Order 1 (Regression line)..
Some  theory: (coming later..)


Parameters (Default):

  • Extrapolate Bars (5): Extrapolate function to the coming bars, Works for polynomial. (not for cubic spline (those interpolated only)).
  • Spline Order (4): Order of spline to be used, Set 0 to use Cubic spline (=diff model, nice interpolation).

Visual:

  • Spline Color (CornFlowerBlue): Dots = reference points + spline color.

Misc:

Pick at least Order + 1 reference points from the chart before CalcS (= Calculate Spline). That could be highly  overfitted if exactly that amount of reference points (order + 1).
Same series as PVExtraRegression Indicator which use direct last bar values to calculate the regression. Extra: And you can use both indicators with this same single license.
 




Download:  NT7

Purchase (PriceGroup2)

Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could  potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. 
Hypothetical Performance DisclosureHypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
Terms of Usage

 

 

 

No comments:

Post a Comment