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[bunkaCmd] Holt’s Linear Trend Forecasting method – indicator

0 505 Views No Comments 2 years ago

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bunka

Holt’s Linear Trend Forecasting method – indicator

Haasscript recreation by bunka
Optimization and timeframe-check by pshai

orig TV author: capissimo

Holt (1957) extended simple exponential smoothing to allow the forecasting of data with a trend.
This method involves a forecast equation and two smoothing equations (one for the level and one for the trend):
For details pls refer to the book – https://otexts.com/fpp2/holt.html

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