Invesco QQQ Trust Series 1 (QQQ)

[farooq]

Smartone,

LSMA - Least Squares Moving Average
Also called "moving linear regression" or "regression oscillator".

This indicator displays the statistical trend of a security's price over a specified time period. This is done by linear regression analysis. The indicator is constructed by plotting the last point a linear regression trendline for each period point.

Now you do the leg work.

There is an easy way and then there is a hard way.

Moving average model

The notation MA(q) refers to the moving average model of order q:

X_t = \varepsilon_t + \sum_{i=1}^q \theta_i \varepsilon_{t-i}\,

where the θ1, ..., θq are the parameters of the model and the εt, εt-1,... are again, the error terms. The moving average model is essentially a finite impulse response filter with some additional interpretation placed on it.

Autoregressive moving average model

The notation ARMA(p, q) refers to the model with p autoregressive terms and q moving average terms. This model contains the AR(p) and MA(q) models,

X_t = \varepsilon_t + \sum_{i=1}^p \varphi_i X_{t-i} + \sum_{i=1}^q \theta_i \varepsilon_{t-i}.\,

What did you choose?

QT link in IBOX.

Happy trading.

Farooq