StockFetcher Forums · Announcements · New Indicator: Linear Regression Channels<< >>Post Follow-up
stockfetcher
963 posts
msg #44
9/9/2002 3:44:06 PM

We have recently added linear regression channels to the available filters on StockFetcher. Below are some example screens:

Fetcher[Price is near the center linear regression line(45)]


Fetcher[High is more than 1 percent above the top linear regression line(60,1.25)]


Fetcher[MA(50) crossed above the center linear regression line(50) within the last 1 day]




defghca
150 posts
msg #27453
Ignore defghca
7/19/2003 2:05:14 PM

what is the third parameter in linreg(45,1,0)??


tomb
267 posts
msg #27505
Ignore tomb
7/21/2003 3:20:06 PM

Hi,

Thank you for bringing this to our attention. The third parameter is a flag indicating whether a scalar is used for determining the width of the channel, or whether a number standard deviations are used. By default the flag is set to 0, indicating that the simple scalar is used, not standard deviations. To use standard deviations, simply enter a 1 as the third parameter.

We will be sure to correct any relevant documentation with this additional information.

Thank you,

Tom
StockFetcher.com Support



holygrail
72 posts
msg #27534
Ignore holygrail
7/24/2003 9:44:39 AM

What is new about this?

Or what makes this different from LRI?

Is there something I am missing?


ig0r
51 posts
msg #27538
Ignore ig0r
7/24/2003 10:42:06 AM

lri is the indicator, drawn as a line, here's description:
The linear regression indicator uses the end points of successive linear regression lines to create a "moving average"-like measure. The period specifies how many days are used to compute the linear regression.

the lrc draws the actual channels, the 3 lines, upper middle lower, we've been using these and lri, nothing new


StockFetcher Forums · Announcements · New Indicator: Linear Regression Channels<< >>Post Follow-up

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