Center of Gravity indicator by Mustapha Belkhayate

#1

Hey guys this is the Belkhayate COG (Center of Gravity) indicator. Or also known as a polynomial regression channel with 3 std deviations. I transported this code directly from here.
If anybody has any useful information regarding the usability of the indicator I'd appreciate the feedback. The fact that it repaints takes a lot away from it, but maybe from a probabilistic point of view it may have some merit. So far if I use 1 for degree to get a linear regression, I find it is a great indicator for predicting the trend.
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Created By : Mustapha Belkhayate
NinjaTrader Version : 8
File Size : 2.9 KB

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This video explain how to implement this indicator step by step
 

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