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QuaScript

Trend Quality Prism

NewFree

Eight regressions as facets coloured by R squared: clean trend vs noise

Trendlines & LevelsPrice overlay WebGPU CanvasHybridDashboardSignalsAlerts
quascriptlevelsregressionr-squaredtrendgradient

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Language
QuaScript
Engine
Native C++, incremental on live ticks
Rendering
WebGPU + Canvas
Placement
Price overlay
Settings
2
Plots
17
Lines of code
56
Source
presets/analysis/levels/trend_quality_prism.qs
Trend Quality Prismengine result
Loading the engine result…
quatick-charts · QuaScript engine on synthetic 1-minute bars · drag to pan · scroll to zoom · Run executes the script on the engine (⌘/Ctrl+Enter while editing)

About

Eight linear regressions of price, from `base` bars to eight times longer, drawn as the end points of their fitted lines. The facets between neighbouring regressions are filled and coloured each bar by how well those two windows fit a straight line (mean R squared) on a viridis ramp: dark purple is noise, teal is a usable trend, bright yellow is a clean, linear trend. The order of the facets shows direction: short fits above long fits = rising. Reading: a bright, fanned-out prism with every slope pointing the same way is a trend worth following; the prism collapsing into a dark knot is a range. When the shortest fits cross back through the longer ones while quality is still high, the trend is pausing, not ending. Signals: prism aligned up / down (every slope agrees and quality passes the threshold), and quality lost.

17
Plotted series
3
Signal marks
1
Drawings
3
Alert rules
2
Settings
45
Lines of code

What it draws

Price overlay · counted from the engine's plot table and the script's draw calls

Series

  • Line8 visible · 9 helper
    Regression 1Regression 2Regression 3Regression 4Regression 5Regression 6Regression 7Regression 8
  • Band fills (render.band calls)1
Legend
Regression 1 Regression 2 Regression 3 Regression 4 Regression 5 Regression 6

Signal marks

Prism aligned upPrism aligned downQuality lost

Drawings and chart effects

  • Dashboard tables1 created

How it runs

From source to the live chart, for this script

  1. 1
    Compile

    The QuaScript compiler checks the 56-line script (45 lines of code) and lowers it for the native C++ engine. Compile errors point at the exact line and column.

  2. 2
    Place

    The header sets overlay = true, so everything is drawn on the price chart, on the same scale as the candles.

  3. 3
    Compute

    The script runs once per bar, oldest to newest. Each bar also runs one loop (1 for). 1 persist variable keeps state (objects, counters) across bars.

  4. 4
    Stay live

    On the terminal the script keeps one live engine session: a tick rolls the forming bar back to its checkpoint and re-executes only that bar, and new bars are appended, so history is never rerun while the market moves. The live result is identical to a full run.

  5. 5
    Render

    The results are handed to the chart: series on WebGPU, drawings on the Canvas 2D QuaScript layer.

  6. 6
    Tune

    2 settings in 2 groups appear in the chart's settings dialog. Changing one reruns the engine with the new value.

Rendering

Hybrid: this script draws on 2 surfaces at once

WebGPUSeries renderer

The browser's modern GPU API. The chart uploads every line, band and mark of the script as GPU buffers and draws them in one pass, so dense heatmaps and dozens of series stay smooth while you pan and zoom. Without WebGPU support the chart's GPU layer falls back to WebGL 2, then Canvas 2D.

In this script
  • • 17 plotted series
  • • 1 band fill call
  • • 3 signal mark types

Chosen by render = webgpu in the header.

WebGLNot used

GPU drawing through WebGL 2, available in every current browser. Used for chart-native profiles and for series that ask for it with backend = "webgl". Fast for large numbers of bars and wide fills.

CanvasUsed

The browser's 2D drawing API. Text-heavy and object-style output (dashboard tables, zones, tags, segments), candle colors and backgrounds are painted by the QuaScript layer, a Canvas 2D surface over the chart. Series use Canvas when the script's header does not ask for a GPU.

In this script
  • • 1 dashboard tables (QuaScript layer)

Alerts

3 alert rules declared with alert.rule

Prism aligned up

Every regression slopes up and the fits are clean

Prism aligned down

Every regression slopes down and the fits are clean

Quality lost

Mean R squared fell well below the threshold

Settings

2 settings, grouped as in the chart's settings dialog

Prism
SettingTypeDefaultRange / optionsId
Shortest windowInteger124 – 200shortest_window
Signals
SettingTypeDefaultRange / optionsId
Quality threshold (R squared)Number0.550.1 – 0.95, step 0.05quality_threshold_r_squared

Script

packages/quascript/presets/analysis/levels/trend_quality_prism.qs

Header

analysis "Trend Quality Prism" {
    overlay = true
    render = webgpu
    short_title = TQP
    precision = 2
}
Total lines
56
Code lines
45
Comment lines
10
Helper functions
0
Loops
1
Persistent variables
1
Higher-interval feeds
0
Engine plots
17

Built with

Statistics (stat.*)
stat.linregstat.r_squared
Math (math.*)
math.coalescemath.is_na
Imported modules
viz/premium

Discussion

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