OPEN-SOURCE SCRIPT
Updated Regime Change Predictive Dashboard
The Regime Change Predictive Dashboard is a statistical regime and signal analysis tool for TradingView.
It combines:
to estimate whether the current market state is more consistent with:
This is not a guaranteed prediction engine. It is a regime-aware probability and feedback tool. Its job is to help interpret whether extreme price movement is more likely to fade or continue, based on the statistical shape of recent returns and the historical behavior of similar prior setups.
A complete description of what and how to use this indicator can be found at the top of the code.
It combines:
- log returns
- z-score
- skewness
- excess kurtosis
- higher timeframe alignment
- historical for
to estimate whether the current market state is more consistent with:
- mean reversion
- bullish continuation
- bearish contin
This is not a guaranteed prediction engine. It is a regime-aware probability and feedback tool. Its job is to help interpret whether extreme price movement is more likely to fade or continue, based on the statistical shape of recent returns and the historical behavior of similar prior setups.
A complete description of what and how to use this indicator can be found at the top of the code.
Release Notes
The Regime Change Predictive Dashboard is a statistical regime and signal analysis tool for TradingView.It combines:
- log returns
- z-score
- skewness
- excess kurtosis
- higher timeframe alignment
- historical forward outcome feedback
to estimate whether the current market state is more consistent with:
- mean reversion
- bullish continuation
- bearish continuation
This is not a guaranteed prediction engine. It is a regime-aware probability and feedback tool. Its job is to help interpret whether extreme price movement is more likely to fade or continue, based on the statistical shape of recent returns and the historical behavior of similar prior setups.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.