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)
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dwiggains
441 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
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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.
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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. : (
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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
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danv83
44 posts
msg #55657
- Ignore danv83 |
10/12/2007 5:44:21 PM
Excellent!
Is the LRS normalized like normslope?
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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
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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.
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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?
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