NickL 8 posts msg #55639  Ignore NickL 
10/11/2007 7:46:36 PM
Is there any way to tell when the slope of the 200 day close is in between the upper and lower bollinger bands?
Something like:
200 day slope of close is between upper bollinger band(20) and lower bollinger band(20)

dwiggains 381 posts msg #55647  Ignore dwiggains 
10/12/2007 12:09:25 PM
200 day slope of the close > 0 and
close < upper bollinger band (20) and
close > lower bollinger band (20)
This is the best I could do.
See ya
David

NickL 8 posts msg #55649  Ignore NickL 
10/12/2007 1:38:34 PM
Thanks David,
The problem I am having is that the value return by the slope is not a price value such as the one returned by the BB(20) and I am not sure how to convert it into one.

danv83 44 posts msg #55654  Ignore danv83 
10/12/2007 5:15:09 PM
Yes, I have requested this before. Never got a reply... Oh well I guess my membership money went to the site redesign dept not the fetcher dev dept. : (

tomb 267 posts msg #55656  Ignore tomb 
10/12/2007 5:35:03 PM
What you are looking for can be accomplished using existing StockFetcher measures. In particular the "center linear regression line". For example:
Tom
StockFetcher.com Support

danv83 44 posts msg #55657  Ignore danv83 
10/12/2007 5:44:21 PM
Excellent!
Is the LRS normalized like normslope?

tomb 267 posts msg #55749  Ignore tomb 
10/16/2007 1:43:52 PM
Unfortunately, I am not sure I understand your question. The center linear regression line uses the slope determined from the least squares method of line fitting. The resulting line is then constructed from the calculated slope and intercept values.
A normalized slope value is not relevant in computing the actual line, but rather in comparisons dealing with the actual slope value.
Tom
StockFetcher.com Support

danv83 44 posts msg #55755  Ignore danv83 modified 
10/16/2007 6:32:53 PM
Yes I was asking about the slope value of Linear Regression Slope (LRS), if it is normalized. Normslope is standardized between different charts so you can actually compare the angle of the slope to another chart. Just wondering if LRS is also normalized.

chetron 2,817 posts msg #55757  Ignore chetron 
10/16/2007 8:27:22 PM
isn't the lri(200), which seems to be the last point of the slope, a price value?
