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Recent high / Recent low of regression line of 30 periods Topic Rating:
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JackSe
Posted : Monday, June 20, 2016 2:22:08 PM
Registered User
Joined: 2/17/2014
Posts: 11

Hello,

how to program in watch list condition that shows recent high / recent low of regression line of 30 periods? I mean recent high / low in 10-30 minutes.

 

Looking forward to hearing from you.

 

BR,

jacek

 

Bruce_L
Posted : Wednesday, June 22, 2016 3:33:41 PM


Worden Trainer

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

By regression line do you mean moving linear regression?

If so, you could try adding two sets of Donchian Channels to the moving linear regression line indicator.

For one of the Donchian Channels, you would set the period to the period over which you wish to identify the high or low with the offset set to 0.

For the other Donchian Channels, set the period the same, but the set the offset to the number of bars which represents "recent".

You would then click on the Donchian Channels and select Create Scan Condition to check for the upper Donchian Channel with offset of 0 being above or lower Donchian Channel with offset of 0 being below the other Donchian Channel to check for a recent high or recent low in the moving linear regression line.



-Bruce
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JackSe
Posted : Sunday, June 26, 2016 4:41:38 PM
Registered User
Joined: 2/17/2014
Posts: 11

Thank you!

JackSe

Bruce_L
Posted : Tuesday, June 28, 2016 12:12:34 PM


Worden Trainer

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

You're welcome.



-Bruce
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