OPEN-SOURCE SCRIPT
ML Kernel Regression + EMA Trend
// This work is based on concepts by Uptrick
// Modified and updated by marjyhen1921
[ML] Nadaraya-Watson Kernel Regression (Multi-EMA Filter Edition)
Overview
This indicator features a Non-Parametric Machine Learning estimator based on the Nadaraya-Watson (NW) Kernel Regression. Unlike traditional moving averages that rely on fixed time-windows, this model uses a Gaussian Kernel to assign weights to historical data points, effectively estimating the underlying price trend with minimal lag.
Credits & Inspiration
Special thanks to Uptrick for the original logic and the machine learning concepts that inspired this implementation. This version has been refined for Pine Script V6 with added multi-filter flexibility.
What’s New:
Triple EMA Filter System: To help traders avoid "whipsaws" in sideways markets, I have integrated independent toggles for EMA 9, EMA 20, and EMA 50.
Default "No Filter" Mode: The script starts with all filters disabled, allowing for pure ML signal analysis out of the box.
Dynamic Volatility Bands: The bands are calculated based on the standard deviation of residuals (price error relative to the kernel), providing a "confidence interval" for price movement.
How to Use:
Mean Reversion: Trade the "B" (Buy) and "S" (Sell) labels when price breaks out of the upper/lower bands and the kernel flips color.
Trend Alignment: In the settings, enable the EMA filter of your choice. A Buy signal will only trigger if the price is above your selected EMA; a Sell signal will only trigger if it is below.
Customization: Use the "Visuals" section to show or hide the EMA lines and change the lookback windows to fit your timeframe.
// Modified and updated by marjyhen1921
[ML] Nadaraya-Watson Kernel Regression (Multi-EMA Filter Edition)
Overview
This indicator features a Non-Parametric Machine Learning estimator based on the Nadaraya-Watson (NW) Kernel Regression. Unlike traditional moving averages that rely on fixed time-windows, this model uses a Gaussian Kernel to assign weights to historical data points, effectively estimating the underlying price trend with minimal lag.
Credits & Inspiration
Special thanks to Uptrick for the original logic and the machine learning concepts that inspired this implementation. This version has been refined for Pine Script V6 with added multi-filter flexibility.
What’s New:
Triple EMA Filter System: To help traders avoid "whipsaws" in sideways markets, I have integrated independent toggles for EMA 9, EMA 20, and EMA 50.
Default "No Filter" Mode: The script starts with all filters disabled, allowing for pure ML signal analysis out of the box.
Dynamic Volatility Bands: The bands are calculated based on the standard deviation of residuals (price error relative to the kernel), providing a "confidence interval" for price movement.
How to Use:
Mean Reversion: Trade the "B" (Buy) and "S" (Sell) labels when price breaks out of the upper/lower bands and the kernel flips color.
Trend Alignment: In the settings, enable the EMA filter of your choice. A Buy signal will only trigger if the price is above your selected EMA; a Sell signal will only trigger if it is below.
Customization: Use the "Visuals" section to show or hide the EMA lines and change the lookback windows to fit your timeframe.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, pembuat skrip ini telah menjadikannya sebagai sumber terbuka, sehingga para trader dapat meninjau dan memverifikasi fungsinya. Salut untuk penulisnya! Meskipun Anda dapat menggunakannya secara gratis, perlu diingat bahwa penerbitan ulang kode ini tunduk pada Tata Tertib kami.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.