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Add the Nadaraya-Watson Channels indicator #697

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tdgrossi opened this issue Jun 23, 2023 · 0 comments
Open

Add the Nadaraya-Watson Channels indicator #697

tdgrossi opened this issue Jun 23, 2023 · 0 comments
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enhancement New feature or request help wanted Extra attention is needed

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@tdgrossi
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Is your feature request related to a problem? Please describe.
The Nadaraya-Watson indicator is in essence the calculation of the Nadaraya-Watson regression, by iterating over the input data, computing the distances between data points, and applying the specified kernel to compute the weights. The predicted response variable is then computed based on these weights. Finally, the predicted response variable is returned as a DataFrame with the column name 'kernel'.

It raised some eye-browns when it was published by LuxAlgo in tradingview, with many youtube videos showing impressive results, albeit with some caveats, such as repainting.

Describe the solution you'd like
An indicator to be created, with upper and lower channels

Inspirational source
https://www.tradingview.com/script/Iko0E2kL-Nadaraya-Watson-Envelope-LuxAlgo/

@tdgrossi tdgrossi added the enhancement New feature or request label Jun 23, 2023
@twopirllc twopirllc removed their assignment Jun 29, 2023
@twopirllc twopirllc added the help wanted Extra attention is needed label Jun 29, 2023
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Labels
enhancement New feature or request help wanted Extra attention is needed
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