divergence software, inc.
Development & Consulting Services
Product Detail
Polynomial Regression
TradingView indicators will be activated for your TradingView account and no installation is required. eSignal indicators will be delivered to you via email in zip files. Some of the more complex indicators have installer programs. In most cases we will require your eSignal username so that we can set up the entitlement for the indicator(s) you have purchased.
The majority of our indicators are licensed for a one-time fee (i.e., non-recurring). However, we do have some subscription-based products, including marketDirection Monitor, Harmonic Pattern Collection, and S/R Analyst Pro.
Description
This script calculates an Nth-order polynomial regression and plots the predicted close for 1 bar in the future. It also calculates the root mean square error based on the number of bars used in the poly calculation and displays these lines above and below the poly calc. Source code is provided so the calculations can be modified and integrated into other studies.
Specifications
- Product ID: STAT2
- Requires eSignal 12.x or newer