Trend Projection
The trend projection provides a forecast of future trends alongside a prediction interval, with a forecast horizon of 100 bars. This forecast makes use of Monte Carlo simulations for its computation. This forecast assumes a persistence of previous trends in the price, and as such is not suitable for forecasting reversals.
The aim of the prediction interval extremities are to be used as support or resistances, they can also return interesting points to set take-profits or stop losses.
The forecast does not change for newly generated bars, except when one appears outside the forecast horizon, in which case a new forecast is generated.
The SR significance allows determining wether the forecast should use shorter or longer term trends as reference.
