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Linear Regression Bottom Line Rate this Topic:
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burlap
Posted : Monday, November 12, 2007 12:42:47 PM
Registered User
Joined: 12/9/2005
Posts: 27
I'm using a linear regression line that is 63,0,45. I would like a pcf that would tell me when the price is =>the lower line. I would like it within a certain percentage which I think I can figure out if I have the=> pcf. Thanks, Lloyd
Bruce_L
Posted : Monday, November 12, 2007 1:00:48 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
Please try the following:

100 * C / (AVGC63 + 31 * (31 * C + 30 * C1 + 29 * C2 + 28 * C3 + 27 * C4 + 26 * C5 + 25 * C6 + 24 * C7 + 23 * C8 + 22 * C9 + 21 * C10 + 20 * C11 + 19 * C12 + 18 * C13 + 17 * C14 + 16 * C15 + 15 * C16 + 14 * C17 + 13 * C18 + 12 * C19 + 11 * C20 + 10 * C21 + 9 * C22 + 8 * C23 + 7 * C24 + 6 * C25 + 5 * C26 + 4 * C27 + 3 * C28 + 2 * C29 + C30 - C32 - 2 * C33 - 3 * C34 - 4 * C35 - 5 * C36 - 6 * C37 - 7 * C38 - 8 * C39 - 9 * C40 - 10 * C41 - 11 * C42 - 12 * C43 - 13 * C44 - 14 * C45 - 15 * C46 - 16 * C47 - 17 * C48 - 18 * C49 - 19 * C50 - 20 * C51 - 21 * C52 - 22 * C53 - 23 * C54 - 24 * C55 - 25 * C56 - 26 * C57 - 27 * C58 - 28 * C59 - 29 * C60 - 30 * C61 - 31 * C62) / 20832 - 45 * (ABS(C61 - AVGC2.61) + ABS(C60 - AVGC3.60) + ABS(C59 - AVGC4.59) + ABS(C58 - AVGC5.58) + ABS(C57 - AVGC6.57) + ABS(C56 - AVGC7.56) + ABS(C55 - AVGC8.55) + ABS(C54 - AVGC9.54) + ABS(C53 - AVGC10.53) + ABS(C52 - AVGC11.52) + ABS(C51 - AVGC12.51) + ABS(C50 - AVGC13.50) + ABS(C49 - AVGC14.49) + ABS(C48 - AVGC15.48) + ABS(C47 - AVGC16.47) + ABS(C46 - AVGC17.46) + ABS(C45 - AVGC18.45) + ABS(C44 - AVGC19.44) + ABS(C43 - AVGC20.43) + ABS(C42 - AVGC21.42) + ABS(C41 - AVGC22.41) + ABS(C40 - AVGC23.40) + ABS(C39 - AVGC24.39) + ABS(C38 - AVGC25.38) + ABS(C37 - AVGC26.37) + ABS(C36 - AVGC27.36) + ABS(C35 - AVGC28.35) + ABS(C34 - AVGC29.34) + ABS(C33 - AVGC30.33) + ABS(C32 - AVGC31.32) + ABS(C31 - AVGC32.31) + ABS(C30 - AVGC33.30) + ABS(C29 - AVGC34.29) + ABS(C28 - AVGC35.28) + ABS(C27 - AVGC36.27) + ABS(C26 - AVGC37.26) + ABS(C25 - AVGC38.25) + ABS(C24 - AVGC39.24) + ABS(C23 - AVGC40.23) + ABS(C22 - AVGC41.22) + ABS(C21 - AVGC42.21) + ABS(C20 - AVGC43.20) + ABS(C19 - AVGC44.19) + ABS(C18 - AVGC45.18) + ABS(C17 - AVGC46.17) + ABS(C16 - AVGC47.16) + ABS(C15 - AVGC48.15) + ABS(C14 - AVGC49.14) + ABS(C13 - AVGC50.13) + ABS(C12 - AVGC51.12) + ABS(C11 - AVGC52.11) + ABS(C10 - AVGC53.10) + ABS(C9 - AVGC54.9) + ABS(C8 - AVGC55.8) + ABS(C7 - AVGC56.7) + ABS(C6 - AVGC57.6) + ABS(C5 - AVGC58.5) + ABS(C4 - AVGC59.4) + ABS(C3 - AVGC60.3) + ABS(C2 - AVGC61.2) + ABS(C1 - AVGC62.1) + ABS(C - AVGC63)) / 1260) >= 100

You may wish to review the following:

How to create a Personal Criteria Forumula (PCF)
Using Linear Regression vs Classical Peaks/Valleys for Divergence Analysis
Linear regression channel calculations
Handy PCF example formulas to help you learn the syntax of PCFs!
PCF Formula Descriptions

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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