Polynomial Regression Channel (PRC)

RobertPayne

Member
If you just need a 2nd degree polynomial, that can easily be programmed following the equations provided on this website: https://www.easycalculation.com/statistics/learn-quadratic-regression.php

If you need a higher order polynomial, that will require solving matrices and is much more involved. I have one that plots up to 6th degree polynomials available on my website. So, if you want something more advanced, visit my site.

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hockeycoachdoug

Member
2019 Donor
VIP
Does anyone have the TOS code to plot this? It would be a great first sort for prices near one of the extremes, then use the Ultimate Breakout indicator on a lower time frame and only take the buys when prices near bottom deviation and slope is positive and sells when at top deviation and negative slope.
 

hockeycoachdoug

Member
2019 Donor
VIP
@codydog- thanks for pointing me in a direction, I just couldn't find the direction you were pointing. I tried searching "growex" and "polynomial" on the onenote site I was familiar with with no luck. Can you point me a bit more specifically. Thanks in advance for your help.

Also, @RobertPayne- any chance of a discount to usethinkscript members for your indicators for sale on your site?
 

markos

Well-known member
VIP
@hockeycoachdoug
See if this is what you're looking for. I found it in the Thinkscript Cloud.
Code:
# Quadratic Regression
# Robert Payne
# funwiththinkscript.com

input length = 20;
def n = length;
def bn = BarNumber();
def lastBar = HighestAll(if IsNaN(close) then 0 else bn);
def x = bn;
def y = close;

# calculate summation values

def startBar = lastBar - (n - 1);
def sumX = if bn < startBar then 0 else x + sumX[1];
def sumY = if bn < startBar then 0 else y + sumY[1];
def sumX2 = if bn < startBar then 0 else Power(x, 2) + sumX2[1];
def sumX3 = if bn < startBar then 0 else Power(x, 3) + sumX3[1];
def sumX4 = if bn < startBar then 0 else Power(x, 4) + sumX4[1];
def sumXY = if bn < startBar then 0 else x * y + sumXY[1];
def sumX2Y = if bn < startBar then 0 else Power(x, 2) * y + sumX2Y[1];

# intermediary calculations

def xx = sumX2 - Power(sumX, 2) / n;
def xy = sumXY - (sumX * sumY / n);
def xx2 = sumX3 - (sumX2 * sumX / n);
def x2y = sumX2Y - (sumX2 * sumY / n);
def x2x2 = sumX4 - (Power(sumX2, 2) / n);

# calculate coefficients for the quadratic equation

def a0 = (x2y * xx - xy * xx2) / (xx * x2x2 - Power(xx2, 2));
def b0 = (xy * x2x2 - x2y * xx2) / (xx * x2x2 - Power(xx2, 2));
def c0 = sumY / n - b0 * sumX / n - a0 * sumX2 / n;

# for a, b, and c use the final value on the last bar of the chart for all calculations

def a = GetValue(a0, bn - lastBar);
def b = GetValue(b0, bn - lastBar);
def c = GetValue(c0, bn - lastBar);

# calculate and plot the regression curve

plot theCurve = if bn < startBar then Double.NaN else a * Power(x, 2) + b * x + c;
#####

If it works, please post a picture here!
 

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