I watched a video of an IPAD trading software. Below is a screenshot of presenter showing some indicator.


[img]http://i.imgur.com/CWBjlNn.jpg[/img]

Presenter diggs the platform and there is an indicator named Chebyshev Trend.

I googled it but could not find any info. If you have encountered this somewhere and share information about how this is computed I will be grateful. It does not matter which platform.

Thanks in advance...

It is probably a polynomial regression channel that uses a Chebychev polynom. For basic information see here:

Chebyshev polynomials - Wikipedia, the free encyclopedia

A polynomial regression channel is typically retrofitted to the last N bars.





You can find a polynomial regression channel indicator for NinjaTrader here:

NinjaTrader Support Forum - View Single Post - Polynomial Regression Channel

I believe that the Chebychev trend uses a similar formula.

In end of day it looks good
but in real time it always changing

Fat Tails 

It is probably a polynomial regression channel that uses a Chebychev polynom. For basic information see here: Chebyshev polynomials - Wikipedia, the free encyclopedia A polynomial regression channel is typically retrofitted to the last N bars. You can find a polynomial regression channel indicator for NinjaTrader here: NinjaTrader Support Forum - View Single Post - Polynomial Regression Channel I believe that the Chebychev trend uses a similar formula.

Thanks for the reply. Are buy sell points in the link I have given also part of chebyshev polynomials or some other indicator? It seems like trailing stop to me.

tripanasoma 

Thanks for the reply. Are buy sell points in the link I have given also part of chebyshev polynomials or some other indicator? It seems like trailing stop to me.

I do not see any buy or sell points on your screenshot.

Fat Tails 

I do not see any buy or sell points on your screenshot.

[img]http://i.imgur.com/ZdJyM4H.jpg[/img]

I marked them on the picture. It looks MA crossover I think.

tripanasoma 

[img]http://i.imgur.com/ZdJyM4H.jpg[/img] I marked them on the picture. It looks MA crossover I think.

Looks like crossovers from a moving average / parabolic stop.