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Linear Regression Slope Rate this Topic:
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a3ctrader
Posted : Wednesday, November 25, 2015 1:57:29 PM
Registered User
Joined: 11/2/2015
Posts: 28

How do I set up a linear regression slope (25) indicator in my TC2000 v12.5? I did review many previous post on the subject but am having difficulty getting it to work correctly. So far I have added the Moving Linear Regression (25) of price to my chart then added the Rate of Change (1) indicator with the Moving Linear Regression (25) as the data source. Am I missing something?

Bruce_L
Posted : Wednesday, November 25, 2015 2:36:51 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

This is only going to give you the current value. If you want to plot the Linear Regression Slope over time, you will need to add a Custom PCF Indicator to the chart and then edit it to use the following Formula.

(12 * C + 11 * C1 + 10 * C2 + 9 * C3 + 8 * C4 + 7 * C5 + 6 * C6 + 5 * C7 + 4 * C8 + 3 * C9 + 2 * C10 + C11 - C13 - 2 * C14 - 3 * C15 - 4 * C16 - 5 * C17 - 6 * C18 - 7 * C19 - 8 * C20 - 9 * C21 - 10 * C22 - 11 * C23 - 12 * C24) / 1300

Using Linear Regression vs Classical Peaks/Valleys for Divergence Analysis



-Bruce
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a3ctrader
Posted : Wednesday, November 25, 2015 3:51:06 PM
Registered User
Joined: 11/2/2015
Posts: 28

Thank you!

Bruce_L
Posted : Wednesday, November 25, 2015 3:52:59 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You're welcome.



-Bruce
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