From TradersList Editors
From TradersList Editors
Refine your trading strategy and improve profitability with accurate, non-repaint price predictions and adaptable signals.
Refine your trading strategy and improve profitability with accurate, non-repaint price predictions and adaptable signals.
Nadaraya-Watson Envelope Indicator for ThinkOrSwim: Non-Repainting Kernel Regression Bands
Nadaraya-Watson Envelope Indicator for ThinkOrSwim: Non-Repainting Kernel Regression Bands

by samer800 on ThinkOrSwim

by samer800 on ThinkOrSwim
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Nadaraya-Watson Envelope - Non Repaint[Sam4cok] For ThinkOrSwim
Nadaraya-Watson Envelope - Non Repaint[Sam4cok] For ThinkOrSwim
The Nadaraya-Watson Envelope - Non Repaint for ThinkOrSwim is an Indicator that uses the Nadaraya-Watson method to create a non-repainting envelope for identifying price extremes.
The Nadaraya-Watson Envelope - Non Repaint for ThinkOrSwim is an Indicator that uses the Nadaraya-Watson method to create a non-repainting envelope for identifying price extremes.

Get on ThinkOrSwim
This indicator is available on ThinkOrSwim charting platform. Signing up for a free account and downloading ThinkOrSwim software is required.

Get on ThinkOrSwim
This indicator is available on ThinkOrSwim charting platform. Signing up for a free account and downloading ThinkOrSwim software is required.
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Open Source
Listing has publically available source code that can be audited and modified as needed.
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Open Source
Listing has publically available source code that can be audited and modified as needed.
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Free Access
All features of this listing are fully free to use with no pricing tiers. Simply start using.
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Free Access
All features of this listing are fully free to use with no pricing tiers. Simply start using.
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Trusted Publisher
Publisher of this listing is well recognized in social channels and receives overwhelmingly positive feedback.
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Trusted Publisher
Publisher of this listing is well recognized in social channels and receives overwhelmingly positive feedback.
✅
Robust Theory
Concepts and theories mentioned in listing are based on generally approved and well established notions.
✅
Robust Theory
Concepts and theories mentioned in listing are based on generally approved and well established notions.
Published by samer800 on ThinkOrSwim
Published by samer800 on ThinkOrSwim
Kernel Regression for Price Smoothing
The Nadaraya-Watson estimator is a kernel regression technique that calculates a weighted average of nearby price points. Unlike moving averages that weight all bars equally within a period, kernel regression gives more weight to closer prices, creating a smoother and more responsive curve.
Non-Repainting Envelope Bands
A common issue with kernel-based indicators is repainting - where past values change as new data arrives. This version solves that problem by locking in calculated values once a bar closes. The resulting envelope bands remain fixed on historical bars, making them reliable for backtesting.
Kernel Regression for Price Smoothing
The Nadaraya-Watson estimator is a kernel regression technique that calculates a weighted average of nearby price points. Unlike moving averages that weight all bars equally within a period, kernel regression gives more weight to closer prices, creating a smoother and more responsive curve.
Non-Repainting Envelope Bands
A common issue with kernel-based indicators is repainting - where past values change as new data arrives. This version solves that problem by locking in calculated values once a bar closes. The resulting envelope bands remain fixed on historical bars, making them reliable for backtesting.
Identifying Price Extremes
The upper and lower envelope lines define a dynamic range around the smoothed price curve. When price reaches or exceeds these boundaries, it signals a statistical extreme - similar to Bollinger Bands but with the improved smoothing characteristics of kernel regression for fewer false signals.
Practical Trading Application
Traders use the envelope as a mean-reversion tool. When price touches the upper band in an uptrend, it may indicate a short-term pullback is due. When it touches the lower band, a bounce becomes more likely. The non-repainting feature ensures signals visible in real time match the historical record.
Identifying Price Extremes
The upper and lower envelope lines define a dynamic range around the smoothed price curve. When price reaches or exceeds these boundaries, it signals a statistical extreme - similar to Bollinger Bands but with the improved smoothing characteristics of kernel regression for fewer false signals.
Practical Trading Application
Traders use the envelope as a mean-reversion tool. When price touches the upper band in an uptrend, it may indicate a short-term pullback is due. When it touches the lower band, a bounce becomes more likely. The non-repainting feature ensures signals visible in real time match the historical record.
Nadaraya-Watson based analysis with reversal signals
Nadaraya-Watson based analysis with reversal signals
The Nadaraya-Watson estimator is a kernel regression technique creating smoother, more responsive curves than moving averages. This non-repainting version locks in values once bars close, making bands reliable for backtesting.
The Nadaraya-Watson estimator is a kernel regression technique creating smoother, more responsive curves than moving averages. This non-repainting version locks in values once bars close, making bands reliable for backtesting.
Read Trends with Kernel Smoothing
Kernel regression gives more weight to closer prices, creating a responsive yet smooth curve. The resulting envelope defines dynamic range around price.
Spot Statistical Extremes
When price reaches the upper envelope, it signals a statistical extreme. Similar to Bollinger Bands but with improved smoothing for fewer false signals.
Anticipate Mean Reversion Setups
When price touches the upper band in an uptrend, a short-term pullback may be due. The non-repainting feature ensures real-time signals match historical records.
Common Questions About Kernel Regression Envelopes
Common Questions About Kernel Regression Envelopes
Kernel regression smoothing offers advantages over traditional moving averages, but the mathematics can be confusing. Here are common questions about using Nadaraya-Watson envelopes.
Kernel regression smoothing offers advantages over traditional moving averages, but the mathematics can be confusing. Here are common questions about using Nadaraya-Watson envelopes.
What makes this version non-repainting when other kernel indicators repaint?
This version locks in values once a bar closes. Standard kernel regression recalculates all historical values when new data arrives, causing past signals to change. The non-repainting version sacrifices some smoothing accuracy to ensure historical signals match what appeared in real time.
How is kernel regression different from a standard moving average?
Moving averages weight all bars within the period equally. Kernel regression uses a weighting function that gives more influence to closer prices and less to distant ones. This creates smoother curves that respond faster to recent price changes while filtering older noise.
How do I trade when price touches the envelope bands?
Band touches indicate statistical extremes. In trending markets, touches often mark pullback entry points. In ranging markets, touches can signal mean reversion trades. Wait for confirmation like a reversal candle before entering, as price can stay extended longer than expected.
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Web sentiment
Web sentiment
Users feel generally positive about Nadaraya-Watson Envelope - Non Repaint[Sam4cok] for ThinkOrSwim, praising its analytical capabilities and versatility, but noting some caveats like parameter sensitivity.
Users feel generally positive about Nadaraya-Watson Envelope - Non Repaint[Sam4cok] for ThinkOrSwim, praising its analytical capabilities and versatility, but noting some caveats like parameter sensitivity.
Source: Online Discussion
Source: Online Discussion
Source: Online Discussion
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TradersList Reviews (4)
TradersList Reviews (4)
TradersList Community has given this listing four stars, indicating a well trusted listing with great utility value. This listing is one of the better ones on TradersList.
TradersList Community has given this listing four stars, indicating a well trusted listing with great utility value. This listing is one of the better ones on TradersList.
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Source: TradersList Reviews
Source: TradersList Reviews

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ThinkOrSwim Indicator
Standard Deviation Channels X3 For ThinkOrSwim
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Standard Deviation Channels X3 For ThinkOrSwim is an Indicator that calculates standard deviation channels to visualize statistical deviations from the mean, enabling users to identify potential trend reversions based on historical price action.

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by cos251

Free
ThinkOrSwim Indicator
Phoenix Finder Trend Strength Indicator For ThinkOrSwim
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Phoenix Finder Trend Strength Indicator for ThinkorSwim is an Indicator that plots candles for 14 stocks based on Phoenix Strength, identifying trending states within specific sectors. Spot outperforming stocks at glance using this indicator.

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by benten

Free
ThinkOrSwim Indicator
High Probability Setup Indicator For ThinkOrSwim
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The High Probability Setup Indicator for ThinkorSwim is an indicator based on another TradingView Indicato highlighting reversal setups with stacked confluence from multiple indicators. Includes distinction between low, medium and high probability signals based on amount of confluence involved.

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by goingdark365

Free
ThinkOrSwim Indicator
Bollinger bandswith Rsi ,Mfi, Rvol For ThinkOrSwim
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Bollinger bandswith Rsi, Mfi, Rvol For ThinkOrSwim is a free ThinkOrSwim indicator combining Bollinger Bands with RSI, MFI, and relative volume into one for reading sentiment from multiple indicators in one view.

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by mbarcala

Free
ThinkOrSwim Indicator
dBands Upper Indicator For ThinkOrSwim
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dBands Upper Indicator For ThinkOrSwim is a free Indicator that combines Bollinger Bands and Keltner Channel into one tool with variety of customziation options. Useful for identifying support, resistance as well as potential breakouts.

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by ommni007

Free
ThinkOrSwim Indicator
Day of Week Gap Analytics For ThinkOrSwim
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Day of Week Gap Analytics For ThinkOrSwim is a free Indicator that analyzes cumulative tick changes on gap bars for each day of the week for discovering time based statistical edge.

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by benten

Free
ThinkOrSwim Indicator
Rahul Mohindar Oscillator (RMO) Indicator For ThinkOrSwim
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The Rahul Mohindar Oscillator (RMO) Indicator for ThinkorSwim identifies potential market reversals and momentum slowdowns based on the oscillator movement. Useful for visually identifying different trending stages.

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by tptrades

Free
ThinkOrSwim Indicator
Wick Pressure For ThinkOrSwim
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Wick Pressure For ThinkOrSwim is an Indicator that analyzes multiple wick formations at overbought and oversold levels for a filtered and refined identifying of buying and selling pressure.

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by benten

Free
ThinkOrSwim Indicator
Leledc Exhaustion Indicator For ThinkOrSwim
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Leledc Exhaustion Indicator for ThinkorSwim is an indicator based on price action patterns associated with potential trend exhaustion, signaling when a trend may be ending or nearing a correction in its current direction.
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Disclaimer
Our goal is to achieve greater transparency, guidance and safety in trading and investing by providing means to discover, research and discuss trading/investing related sites/services.
Content provided on this site is not financial advice, meant for educational purposes only. TradersList does not endorse or guarantee any result for listed sites/services. Do your own research.
Read full disclaimer
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Discover trading edge
Join Telegram
Disclaimer
Our goal is to achieve greater transparency, guidance and safety in trading and investing by providing means to discover, research and discuss trading/investing related sites/services.
Content provided on this site is not financial advice, meant for educational purposes only. TradersList does not endorse or guarantee any result for listed sites/services. Do your own research.
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