There are indicators calculating higher degree (square, cubic etc.) regression.
Currently, I think these are nice tools to shape the data in hindsight, but their predictive power is weak.
Still, the only thing working is linear regression, or as traders would say, trendlines and channels.
What's your experience?
Sven
Currently, I think these are nice tools to shape the data in hindsight, but their predictive power is weak.
Still, the only thing working is linear regression, or as traders would say, trendlines and channels.
What's your experience?
Sven