Times Series Forecast (TSF)

Forums ProRealTime English forum ProBuilder support Times Series Forecast (TSF)

Tagged: 

Viewing 3 posts - 1 through 3 (of 3 total)
  • #30263
    Good morning, I ask politely if possible to obtain the Times Series Forecast indicator formulas.This is the definition: The Time Series Forecast (TSF) is a linear regression calculation that plots each bar’s current regression value using the least square fit method. This indicator is sometimes referred to as a moving linear regression similar to a moving average. For example, the TSF value that covers 10 days will have the same value as a 10-day Time Series Forecast. This differs slightly from the Linear Regression indicator in that the Linear Regression indicator does not add the slope to the ending value of the regression line.
    Formula

    The best fit line associated with the n points (x1, y1), (x2, y2), . . . , (xn, yn) has the form

    y = mx + b

    Thank you for the reply

    #30470

    The Time Series Forecast is nothing more than the linear regression expected for the next period. It is calculated by adding the linear regression slope of the same period to the current linear regression value:

    Please tell me if it suits your query. Thank you.

     

    #30613

    Nicolas, the indicator is perfect! Thank you for your response.

Viewing 3 posts - 1 through 3 (of 3 total)

Create your free account now and post your request to benefit from the help of the community
Register or Login