OPEN-SOURCE SCRIPT

Taylor Series Forecast

356
This indicator projects future price movement using a second-order Taylor Series expansion, calculated from a smoothed price (EMA). It models price momentum and acceleration to generate a forward-looking trajectory.

Forecast points are plotted continuously as connected line segments extending into the future. Each segment is color-coded based on slope:

Green indicates an upward slope (bullish forecast).

Red indicates a downward slope (bearish forecast).

The forecast adapts to current market conditions and updates dynamically with each new bar. Useful for visualizing potential future price paths and identifying directional bias based on recent price action.

Inputs:

Max Forecast Horizon: How many bars into the future the forecast extends.

EMA Smoothing Length: The smoothing applied to price before calculating derivatives.

This tool is experimental and should be used in conjunction with other analysis methods. It does not guarantee future price performance.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。