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