LOWESS (Locally Weighted Scatterplot Smoothing)
⯁ OVERVIEW
The LOWESS (Locally Weighted Scatterplot Smoothing) [ ChartPrime ] indicator is an advanced technical analysis tool that combines LOWESS smoothing with a Modified Adaptive Gaussian Moving Average. This indicator provides traders with a sophisticated method for trend analysis, pivot point...
Introduction
A simple oscillator using a modified lowess architecture, good in term of smoothness and reactivity.
Lowess Regression
Lowess or local regression is a non-parametric (can be used with data not fitting a normal distribution) smoothing method. This method fit a curve to the data using least squares.
In order to have a lowess regression one must...
![BTCUSDT: LOWESS (Locally Weighted Scatterplot Smoothing) [ChartPrime]](https://s3.tradingview.com/h/hyeoDyZn_mid.png "LOWESS (Locally Weighted Scatterplot Smoothing) [ChartPrime]")
