Polynomial regression is a statistical indicator that models the non-linear nature of price movements. By design, this indicator helps traders who want to identify the direction of the trend, its magnitude and speed of change and anticipate a probable price movement.
The regression function is calculated on prices via two parameters: order and calculation history. The Polynomial Regression by SP€CULOS indicator offers other useful parameters to help the trader to manage the polynomial regression.
Polynomial Regression V1.1
|Draws a non-linear trend|
|Polynomial Regression V1.1 Draws a non-linear trend|