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Linear regression channel & volume Rate this Topic:
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TomIncorvia
Posted : Monday, July 13, 2009 3:32:12 PM
Registered User
Joined: 10/7/2004
Posts: 12
First,  can you forward me the formula for Linear Regression Channel for StockFinder. Second, is there a way to screen for a positive sloping Linear Regression with prices at the lower channel AND a spike in volume (visa versa).

Thank You
Bruce_L
Posted : Monday, July 13, 2009 4:31:33 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
Linear Regression Channels in StockFinder are built in as one of the Drawing Tools. The Linear Regression Scan topic has RealCode Indicators for TeleChart style Linear Regression Channels and Moving Linear Regressions.

You should be able to Open the attached Chart directly into a running copy of StockFinder.

It has both of the Linear Regression Indicators in the given topic. It also "Versus Centerline" Indicator that displays 100 when Price is at the top of the Channel and -100 when Price is at the bottom of the Channel and built in Volume Surge and Linear Regression Slope Indicators.

Rules were created by right-clicking on these Indicators and selecting Create Rule. These Rules were then Dragged and Dropped onto each other to make a Combo Rule.

Attachments:
TomIncorvia40827.sfChart - 98 KB, downloaded 166 time(s).



-Bruce
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