OPEN-SOURCE SCRIPT
[blackcat] L1 Linear Regression-Adjusted EMA
Level 1
Background
Vitali Apirine proposed a new idea named "The Linear Regression-Adjusted Exponential Moving Average". Here it is the pine v4 impelementation of this idea.
Function
Linear Regression Adjusted Exponential Moving Average (LRAdj EMA) is used to combine a linear regression (linreg in tradingview) with an EMA. It can be used to define the trend reveral points while filtering price action. The LRAdj EMA can be used in combination with a traditional EMA of the same length to facilitate trend identification or it can serve as an important MA candicate in a trading system to potentially replace T3, JMA, KAMA or other MA functions.
Remarks
Feedbacks are appreciated.
Background
Vitali Apirine proposed a new idea named "The Linear Regression-Adjusted Exponential Moving Average". Here it is the pine v4 impelementation of this idea.
Function
Linear Regression Adjusted Exponential Moving Average (LRAdj EMA) is used to combine a linear regression (linreg in tradingview) with an EMA. It can be used to define the trend reveral points while filtering price action. The LRAdj EMA can be used in combination with a traditional EMA of the same length to facilitate trend identification or it can serve as an important MA candicate in a trading system to potentially replace T3, JMA, KAMA or other MA functions.
Remarks
Feedbacks are appreciated.
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In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Bir grafikte kullanmak için favorilere ekleyebilirsiniz.
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Avoid losing contact！Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联，请立即行动，加入本猫聊天群: discord.com/invite/ZTGpQJq
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