OPEN-SOURCE SCRIPT

Segment Regression

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As an example of the descriptive power of Pine Script, this very short example traces a 'segment regression', a result not entirely obvious with so few lines of code, repositioning them when the previous inference moves away from the graph beyond the pre-set limit.

A trick used is to restart the new inference segment
- from the maximum reached in the previous trend, when positive (slope>0)
- from the minimum reached in the previous trend, when negative (slope<0)

The result can in my opinion be easily used to build strategies.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.