gorx1

Strength

A mathematically elegant, native & modern way how to measure velocity/ strength/ momentum. As you can see it looks like MACD , but !suddenly! has N times shorter code (disregard the functions), and only 1 parameter instead of 3. OMG HOW DID HE DO IT?!?

MACD: "Let's take one filter (1 parameter), than another filter (2 parameters), then let's take dem difference, then let's place another filter over the difference (3rd parameter + introduction of a nested calculation), and let's write a whole book about it, make thousands of multi-hours YouTube videos about it, and let's never mention about the amount of uncertainty being introduced by multiple parameters & introduction of the nested calculation."

Strength: "let's get real, let's drop a weighted linear regression & usual linear regression over the data of the same length, take dem slopes, then make the difference over these slopes, all good. And then share it with people w/o putting an ® sign".

Fyi, regressions were introduced centuries ago, maybe decades idk, the point is long time ago, and computational power enough to calculate what I'm saying is slightly more than required for macd .

Rationale.
Linearly weighted linear regression has steeper slope (W) than the usual linear regression slope (S) due to the fact that the recent datapoints got more weight. This alone is enough of a metric to measure velocity. But still I've recalled macd and decided to make smth like it cuz I knew it'll might make you happy. I realized that S can be used instead of smoothing the W, thus eliminating the nested calculation and keeping entropy & info loss in place. And see, what we get is natural, simple, makes sense and brings flex. I also wanna remind you that by applying regression we maximize the info gain by using all the data in the window, instead of taking difference between the first and the last datapoints.

This script is dedicated to my friend Fabien. Man, you were the light in the darkness in that company. You'll get your alien green Lambo if you'll really want it, no doubts on my side bout that.

Good hunting
Release Notes: ...
Release Notes: Tags for "findability"

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