Linear Regression Candles

• 03/14/2024 at 8:57 PM #229802
  brian gilbert

  Hi, i found this code on web… i think that it’s a Pine Script code and i would know, if it’s possible, the translation for Probuilder.
  Thank you very much for helping.

  //@version=4
  study(title=”Humble LinReg Candles”, shorttitle=”LinReg Candles”, format=format.price, precision=4, overlay=true)

  signal_length = input(title=”Signal Smoothing”, type=input.integer, minval = 1, maxval = 200, defval = 11)
  sma_signal = input(title=”Simple MA (Signal Line)”, type=input.bool, defval=true)

  lin_reg = input(title=”Lin Reg”, type=input.bool, defval=true)
  linreg_length = input(title=”Linear Regression Length”, type=input.integer, minval = 1, maxval = 200, defval = 11)

  bopen = lin_reg ? linreg(open, linreg_length, 0) : open
  bhigh = lin_reg ? linreg(high, linreg_length, 0) : high
  blow = lin_reg ? linreg(low, linreg_length, 0) : low
  bclose = lin_reg ? linreg(close, linreg_length, 0) : close

  r = bopen < bclose signal = sma_signal ? sma(bclose, signal_length) : ema(bclose, signal_length) plotcandle(r ? bopen : na, r ? bhigh : na, r ? blow: na, r ? bclose : na, title="LinReg Candles", color= color.green, wickcolor=color.green, bordercolor=color.green, editable= true) plotcandle(r ? na : bopen, r ? na : bhigh, r ? na : blow, r ? na : bclose, title="LinReg Candles", color=color.red, wickcolor=color.red, bordercolor=color.red, editable= true) plot(signal, color=color.white)

  

  brian gilbert

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  03/15/2024 at 11:28 AM #229830
  Iván

  Ecco cosa hai:

  PRC_Candele di regressione lineare

  //PRC_Linear Regression Candles //version = 0 //15.03.24 //Iván González @ www.prorealcode.com //Sharing ProRealTime knowledge /////////////////////////////////////////////////////// //------------------Inputs------------------------------ signallength = 11 //integer//Signal Smoothing smasignal = 1 //boolean // Simple MA (Signal Line) linreg = 1 //boolean//Linear Regression linreglength = 11//integer//Linear Regression Length //------------------------------------------------------ //-------------Candle definition------------------------ if linreg then bopen = LinearRegression[linreglength](open) bhigh = LinearRegression[linreglength](high) blow = LinearRegression[linreglength](low) bclose = LinearRegression[linreglength](close) else bopen = open bhigh = high blow = low bclose = close endif //-------------------------------------------------------- //--------------Color candles----------------------------- if bopen < bclose then r=0 g=255 else r=255 g=0 endif //--------------------------------------------------------- //---------------Draw Candles------------------------------ DRAWCANDLE(bopen, bhigh, blow, bclose)coloured(r,g,0) //--------------------------------------------------------- //---------------Signal definition------------------------- if smasignal then signal = average[signallength](bclose) else signal = average[signallength,1](bclose) endif return signal as "Signal"coloured("white")style(line,2)

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  //PRC_Linear Regression Candles //version = 0 //15.03.24 //Iván González @ www.prorealcode.com //Sharing ProRealTime knowledge /////////////////////////////////////////////////////// //------------------Inputs------------------------------ signallength = 11 //integer//Signal Smoothing smasignal = 1 //boolean // Simple MA (Signal Line) linreg = 1 //boolean//Linear Regression linreglength = 11//integer//Linear Regression Length //------------------------------------------------------ //-------------Candle definition------------------------ if linreg then bopen = LinearRegression[linreglength](open) bhigh = LinearRegression[linreglength](high) blow = LinearRegression[linreglength](low) bclose = LinearRegression[linreglength](close) else bopen = open bhigh = high blow = low bclose = close endif //-------------------------------------------------------- //--------------Color candles----------------------------- if bopen < bclose then r=0 g=255 else r=255 g=0 endif //--------------------------------------------------------- //---------------Draw Candles------------------------------ DRAWCANDLE(bopen, bhigh, blow, bclose)coloured(r,g,0) //--------------------------------------------------------- //---------------Signal definition------------------------- if smasignal then signal = average[signallength](bclose) else signal = average[signallength,1](bclose) endif   return signal as "Signal"coloured("white")style(line,2)

  

  Iván

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  03/15/2024 at 6:12 PM #229864
  brian gilbert

  Wonderful, it works! You’re truly great, thank you very much…

  

  brian gilbert

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