Polynomial Regression Derivatives [Loxx] is an indicator that explores the different derivatives of polynomial position. This indicator also includes a signal line. In a later release, alerts with signal markings will be added.
Polynomial Derivatives are as follows
1rst Derivative - Velocity: Velocity is the directional speed of a object in motion as an indication of its rate of change in position as observed from a particular frame of reference and as measured by a particular standard of time (e.g. 60 km/h northbound). Velocity is a fundamental concept in kinematics, the branch of classical mechanics that describes the motion of bodies.
2nd Derivative - Acceleration: In mechanics, acceleration is the rate of change of the velocity of an object with respect to time. Accelerations are vector quantities (in that they have magnitude and direction). The orientation of an object's acceleration is given by the orientation of the net force acting on that object.
3rd Derivative - Jerk: In physics, jerk or jolt is the rate at which an object's acceleration changes with respect to time. It is a vector quantity (having both magnitude and direction). Jerk is most commonly denoted by the symbol j and expressed in m/s3 (SI units) or standard gravities per second (g0/s).
4th Derivative - Snap: Snap, or jounce, is the fourth derivative of the position vector with respect to time, or the rate of change of the jerk with respect to time. Equivalently, it is the second derivative of acceleration or the third derivative of velocity.
5th Derivative - Crackle: The fifth derivative of the position vector with respect to time is sometimes referred to as crackle. It is the rate of change of snap with respect to time.
6nd Derivative - Pop: The sixth derivative of the position vector with respect to time is sometimes referred to as pop. It is the rate of change of crackle with respect to time.
Thank you for sharing your work, I have seen various your scripts and you are really a genius . May I ask you a question ? Can you recommend me your best (on your opinion) 3 indicator scripts to be used with a Daily timeframe ?
slowcoconut
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well done, not the approach id take but the output is on-point, works well
3 indicator scripts to be used with a Daily timeframe ?