From TradersList Editors
From TradersList Editors
Leverage Levinson recursion for precise price trend forecasts, enhancing trading decisions with algorithmic insights.
Leverage Levinson recursion for precise price trend forecasts, enhancing trading decisions with algorithmic insights.
Levinson-Durbin Price Extrapolation Indicator for TradingView: Autocorrelation-Based Forecasting
Levinson-Durbin Price Extrapolation Indicator for TradingView: Autocorrelation-Based Forecasting

by loxx on TradingView

by loxx on TradingView
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Levinson-Durbin Autocorrelation Extrapolation of Price [Loxx]
Levinson-Durbin Autocorrelation Extrapolation of Price [Loxx]
Levinson-Durbin Autocorrelation Extrapolation of Price [Loxx] is a TradingView indicator that uses the Levinson-Durbin recursion algorithm to forecast future price trends based on historical price data.
Levinson-Durbin Autocorrelation Extrapolation of Price [Loxx] is a TradingView indicator that uses the Levinson-Durbin recursion algorithm to forecast future price trends based on historical price data.

Get on TradingView
This indicator is available on TradingView web charting platform. Signing up for a free account is required, no downloads.

Get on TradingView
This indicator is available on TradingView web charting platform. Signing up for a free account is required, no downloads.
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Open Source
Listing has publically available source code that can be audited and modified as needed.
🔑
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.
🥇
Trusted Publisher
Publisher of this listing is well recognized in social channels and receives overwhelmingly positive feedback.
Published by loxx on TradingView
Published by loxx on TradingView
From Speech Modeling to Price Prediction
The Levinson-Durbin recursion was originally developed for speech processing and signal prediction. This indicator adapts that algorithm for financial markets, using autocorrelation analysis within an asymmetric lookback window to identify repeating patterns in price data and project them forward.
How the Algorithm Forecasts Price
The indicator computes autocorrelation coefficients from historical price data, then converts them to linear prediction coefficients using the Levinson algorithm. These coefficients model the relationship between past and future prices - essentially creating a mathematical formula that extrapolates the most probable next price values.
From Speech Modeling to Price Prediction
The Levinson-Durbin recursion was originally developed for speech processing and signal prediction. This indicator adapts that algorithm for financial markets, using autocorrelation analysis within an asymmetric lookback window to identify repeating patterns in price data and project them forward.
How the Algorithm Forecasts Price
The indicator computes autocorrelation coefficients from historical price data, then converts them to linear prediction coefficients using the Levinson algorithm. These coefficients model the relationship between past and future prices - essentially creating a mathematical formula that extrapolates the most probable next price values.
Strengths and Limitations of the Approach
The method excels at capturing cyclical and mean-reverting price behavior. When price follows a somewhat regular pattern, the forecast can be impressively accurate. However, during random or news-driven moves, the model loses predictive power. It should be treated as a probability guide, not a certainty.
Configuring for Different Market Conditions
Users can adjust the lookback window length and the number of future bars to predict. Shorter lookbacks make the forecast responsive to recent conditions, while longer lookbacks capture broader cycles. The indicator draws projected price lines on the chart, giving traders a visual reference for where price may be headed.
Strengths and Limitations of the Approach
The method excels at capturing cyclical and mean-reverting price behavior. When price follows a somewhat regular pattern, the forecast can be impressively accurate. However, during random or news-driven moves, the model loses predictive power. It should be treated as a probability guide, not a certainty.
Configuring for Different Market Conditions
Users can adjust the lookback window length and the number of future bars to predict. Shorter lookbacks make the forecast responsive to recent conditions, while longer lookbacks capture broader cycles. The indicator draws projected price lines on the chart, giving traders a visual reference for where price may be headed.
Peak into future using extrapolation
Peak into future using extrapolation
This indicator uses the Levinson-Durbin recursion algorithm to analyze autocorrelation in historical prices and project future values. The resulting forecast line extends beyond the current bar, showing the mathematically probable price trajectory.
This indicator uses the Levinson-Durbin recursion algorithm to analyze autocorrelation in historical prices and project future values. The resulting forecast line extends beyond the current bar, showing the mathematically probable price trajectory.
Add Predictive Confluence
Use the extrapolated forecast as an additional layer of analysis when evaluating setups at key support and resistance levels.
Visualize Projected Direction
The forecast line provides a visual reference for the statistically expected price path based on recent autocorrelation patterns.
Anticipate Cycle Turns
When the projection shifts direction ahead of price, the indicator may signal an early warning that momentum is changing.
Common Questions About Price Extrapolation Methods
Common Questions About Price Extrapolation Methods
Autocorrelation-based forecasting attempts to project future prices from historical patterns. Here are common questions about this advanced technique.
Autocorrelation-based forecasting attempts to project future prices from historical patterns. Here are common questions about this advanced technique.
How accurate are the price projections?
Accuracy depends on market conditions. When price follows cyclical or mean-reverting patterns, projections can be surprisingly accurate. During news-driven or random moves, the model loses predictive power. Treat projections as probabilities, not certainties.
What is autocorrelation and why does it matter for forecasting?
Autocorrelation measures how current prices relate to past prices. High autocorrelation means past patterns tend to repeat. The Levinson-Durbin algorithm extracts these repeating relationships and projects them forward.
How should I adjust the lookback window?
Shorter lookbacks make projections responsive to recent behavior but may miss broader cycles. Longer lookbacks capture larger patterns but respond slowly to changes. Experiment on your instrument to find the most effective setting.
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Web sentiment
Web sentiment
Traders on the web feel positive about the Levinson-Durbin Autocorrelation Extrapolation of Price by loxx, highlighting its technical depth and adaptability despite some repainting issues.
Traders on the web feel positive about the Levinson-Durbin Autocorrelation Extrapolation of Price by loxx, highlighting its technical depth and adaptability despite some repainting issues.
Source: Online Discussion
Source: Online Discussion
Source: Online Discussion
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TradersList Reviews (3)
TradersList Reviews (3)
TradersList Community has given this listing three stars, indicating decent trust and value for traders' toolkit. Make sure you understand functionality before using.
TradersList Community has given this listing three stars, indicating decent trust and value for traders' toolkit. Make sure you understand functionality before using.
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Source: TradersList Reviews
Source: TradersList Reviews

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by tradeforopp

Free
TradingView Indicator
HTF Liquidity Dashboard [TFO]
🔑
HTF Liquidity Dashboard [TFO] is a TradingView Indicator that scans multiple symbols exceeding their previous day, week or month highs/lows with a dashboard for tracking the activity. Additional features include customizable symbols for scanning and alerts.

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by makuchaku

Free
TradingView Indicator
Makuchaku's trading tools - Liquidity visualizer
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🏅
Makuchaku's Trading Tools – Liquidity visualizer is a TradingView indicator that plots untouched pivots and fractals not yet breached by price, highlighting highs and lows where stop orders or liquidity may reside.

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by Texmoonbeam

Free
TradingView Indicator
Automatic Closest FVG with BPR
🔑
✅
Automatic Closest FVG with BPR is a TradingView indicator that automatically detects and draws the closest, most relevant fair value gap (FVG) that is yet to be filled. On top, this indicator has an option to detect unfilled balanced price ranges (BPR), a formation with two fair value gaps overlapping.

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by spacemanbtc

Free
TradingView Indicator
Key Levels SpacemanBTC IDWM
🔑
✅
🏅
Key Levels SpacemanBTC IDWM is a TradingView indicator that automatically plots classical price action key levels with multi-timeframe.
![TradingView price chart displaying the Market Structure [TFO] indicator with lines connecting swing highs and swing lows. Visual markers indicate break of structure events and define bullish or bearish market trends based on price closes relative to swing points.](https://framerusercontent.com/images/80K9YM0lNGkSBy83oNZfQxryQ.png?width=4098&height=2304)
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by tradeforopp

Free
TradingView Indicator
Market Structure [TFO]
🔑
🌐
✅
🏅
Market Structure [TFO] is a TradingView indicator that identifies market trends by analyzing price closes relative to previous swing highs and lows, a concept popular among ICT and price action traders.

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by LeviathanCapital

Free
TradingView Indicator
Multi-Asset Performance [Spaghetti] - By Leviathan
🔑
✅
🏅
Multi-Asset Performance [Spaghetti] by Leviathan is a TradingView Indicator that visualizes cumulative percentage changes of up to 30 assets over a specified period, providing tools and analytics for analyzing outperforming assets and rotations.

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by LeviathanCapital

Free
TradingView Indicator
Market Sessions - By Leviathan
🔑
🌐
✅
🏅
Market Sessions – By Leviathan is a TradingView indicator that visualizes the Tokyo, London, New York, and Sydney sessions using discreet boxes and colored candles, along with additional tools for tracking crucial market sessions.

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by LeviathanCapital

Free
TradingView Indicator
Range Analysis - By Leviathan
🔑
🌐
✅
🏅
Range Analysis - By Leviathan is a free TradingView indicator that automates price range analysis by identifying key support and resistance levels. Draw range levels, generate Volume or Open Interest profiles, display heatmaps, plot anchored VWAP and Fibonacci retracement levels, automatically.

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by iravan

Free
TradingView Indicator
Dynamic Linear Regression Channels
🔑
✅
Dynamic Linear Regression Channels is a TradingView Indicator that calculates linear regression channels based on real-time price movements, generating new support/resistance channels when previous ones are broken.

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by sbtnc

Free
TradingView Indicator
Tops & Bottoms - Day of Week Report
🔑
✅
Tops & Bottoms - Day of Week Report is a TradingView indicator that analyzes likelihood of weekly price bottoms and tops for each day of the week. The statistical likelihood of a weekly bottom/top is visualized using a data table, showing how many occurences were found throughout the chart.

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by KioseffTrading

Free
TradingView Indicator
Sync Frame (MTF Charts) [Kioseff Trading]
🔑
🌐
🏅
Sync Frame (MTF Charts) [Kioseff Trading] is a free TradingView indicator that allows users to view multiple lower timeframe charts for any asset simultaneously, in various formats, on a single screen.

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by LeviathanCapital

Free
TradingView Indicator
Gaps + Imbalances + Wicks (MTF) - By Leviathan
🔑
🌐
✅
Gaps + Imbalances + Wicks (MTF) by Leviathan detects and displays price gaps in various forms - imbalances, gaps and inefficient wicks. This TradingView Indicator features customizable fill conditions, zone size filtering, volume comparison, lookback filtering and customizable visuals.

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by KioseffTrading

Free
TradingView Indicator
Intrabar Analyzer [Kioseff Trading]
🔑
🌐
Intrabar Analyzer [Kioseff Trading] is a TradingView indicator that presents intrabar data in various formats to analyze price action within main timeframe candles. This Indicator features advanced features like volume analysis, technical ratings, linear regression and exotic candle types such as Kagi for lower timeframe price action.

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by MXWLL-Capital-Trading

Free
TradingView Indicator
Mxwll Price Action Suite [Mxwll]
🔑
🌐
✅
🏅
Mxwll Price Action Suite is a TradingView indicator that combines multiple ICT and Smart Money Concepts with unique methodologies into an all-in-one price action toolkit.
![TradingView chart interface displaying the TTrades Daily Bias [TFO] indicator overlay on price action data showing previous daily highs and lows to determine market direction along with a statistics panel tracking historical success rates and bias accuracy](https://framerusercontent.com/images/1GkYDfLd6QVIEQQCJvYRBnnH3I.png?width=4098&height=2304)
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by tradeforopp

Free
TradingView Indicator
TTrades Daily Bias [TFO]
🔑
🌐
TTrades Daily Bias [TFO] is a TradingView indicator that determines market bias by analyzing previous highs and lows on daily and weekly timeframes, tracking success rates based on successful follow-through in price action.
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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
TradersList
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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