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alexgrover
5 mar 2018 22:06

Stationary Extrapolated Levels 

EUR/USDOANDA

Descrizione

Beta Peek/Valey based forecast

The idea behind this indicator is to extrapolate a stationary time series and find the peeks of the extrapolated result. The highest and lowest of the extrapolated data represent really precise support and resistance if the data and its extrapolation are barelly equal with an error lower than the average.



When the detrended price (in blue) crossover the lower level then the indicator detect a valey and the possibility of an up movement, if the higher is crossed down then the indicator detect a peek and the possibility a down movement.




When "Show extrapolated values" is checked the indicator will show the forecast of the detrended price with a forecast of length periods ahead.

Feel free to contact me for any questions regarding my indicators :)
Commenti
zschonn
@alexgrover outstanding !! little question, what does it means when borders are shrinking ? low volatility ?
Firedrops
What does line 6: x = n mean? Is this how bar index was handled back in version 3?
sarbajyoti79
Awesome script...
Yelian
Brilliant work!! This gem fits well into my linear models of Geometric Brownian motion
ICEKI
Hello alexgrover,

That was an awesome and interesting script, appreciated for your efforts and generous =D
alexgrover
@ICEKI, Thanks for your feedback, feel free to modify the script :)
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