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Originally Posted by newdigital
Second one is Polynomial Regression indicator.
hours - how many hours back (to draw the indicator's line);
m - regression rate:
- m = 1 - linear regression,
- m = 2 - parabolic,
- m = 3 - cubical,
and so on.
It is not recommended to set the m value more than 3 or 4.
i - number of the bar (starting from current zero bar) for the right part of the indicator to be attached to. Use red dot to move the indicator's lines to any date but the indicator will be attached to the i-bar by right part.
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Thank you for sharing the Polynomial Regression Indicator, NewDigital.
Do you have a url or something to where we can see exactly how this indicator's worked out?
thanks again