Polynomial regression
Posted: Tue Jun 19, 2012 5:28 pmOriginal indicator: viewtopic.php?f=17&t=3715
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Indicator draw a regression curve that is best fits the prices between a starting price point and an ending point.
Parameter [Power] defines power of polynomial which will be used.
[Period] defines range of data on chart.
[Deviation] is used for building band.
If Power=1 we have a linear regression,
if power=2 - quadratic regression and etc.
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