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mrzee001
Posted : Saturday, January 31, 2015 2:15:00 PM
Registered User
Joined: 5/7/2012
Posts: 3

Is it possible to write an indicator to display A Standard Deviation channel on a price plot to reference it later in a condition overbought,oversold,..

 

 

Bruce_L
Posted : Wednesday, February 04, 2015 3:23:03 PM


Worden Trainer

Joined: 10/7/2004
Posts: 59,186

The Linear Regression Scan and Regression Channel edit topics have RealCode Indicators for TC2000 version 7 style Linear Regression Channels and Moving Linear Regressions (with options to use Standard Deviation or TeleChart's LR calculations for Width) for StockFinder.

You should be able to drag and drop price onto the indicator to create conditions based on the indicator.



-Bruce
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mrzee001
Posted : Friday, February 06, 2015 11:40:15 AM
Registered User
Joined: 5/7/2012
Posts: 3

thank you

Chris55
Posted : Friday, May 12, 2017 1:37:02 PM
Gold Customer Gold Customer

Joined: 6/14/2016
Posts: 95

Hi Bruce,

I would like to make a suggestion for a new indicator feature for future TC2000 versions, namely:

a Linear Regression Channel with parallel lines (adjustable period, i.e. 55 bars & adjustable SD i.e. 3.5), whereby the channel lines adjust themselves to the different chart periods and lengths but always remain parallel.

A color change for the positive or negative slope of the LR Channel would also be helpful. I use this all the time in Ninja, and it really helps pinpoint highs and lows (much more so than Bollinger Bands or LR Bands which simply stretch out more...)

That would be a really nice addition and not an exotic one which only few customers would use.

Thanks and kind regards,

Chris

Bruce_L
Posted : Friday, May 12, 2017 1:38:33 PM


Worden Trainer

Joined: 10/7/2004
Posts: 59,186

Thank you for your suggestion.



-Bruce
Personal Criteria Formulas
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