Registered User Joined: 11/2/2015 Posts: 28
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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?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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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 Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 11/2/2015 Posts: 28
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Thank you!
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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