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Looking for help drawing an automated trend line. Rate this Topic:
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limitless4646
Posted : Friday, April 14, 2017 11:37:28 PM
Platinum Customer Platinum Customer

Joined: 4/3/2014
Posts: 15

I was hoping you could help me draw a trendline line this one for the on the rsi. The trendline goes from one high to the next high to the next high. If you have any questions please let me know.

Bruce_L
Posted : Tuesday, April 18, 2017 1:21:15 PM


Worden Trainer

Joined: 10/7/2004
Posts: 58,874

If it just went from one high to the next high it would not be a problem. We could just connect the two most recent "highs" and be done with it. But there are lots of highs that it skips.

You also can't say something like draw a line that connects two highs but doesn't intersect any other highs. You can connect the peaks of the first two bits to go above 70 and it wouldn't intersect anything else, but it would be a way different line than what was drawn.



-Bruce
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limitless4646
Posted : Wednesday, April 19, 2017 2:27:17 PM
Platinum Customer Platinum Customer

Joined: 4/3/2014
Posts: 15

Is there anything you can send me so I can try it out to see how it work?

Bruce_L
Posted : Wednesday, April 19, 2017 2:32:04 PM


Worden Trainer

Joined: 10/7/2004
Posts: 58,874

No, I really don't have any ideas on how you would write this. My best suggestion would be to add a Linear Regression to the indicator.



-Bruce
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