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Creating regression bands Rate this Topic:
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hkusp40
Posted : Friday, November 20, 2009 1:53:33 AM
Registered User
Joined: 7/13/2008
Posts: 35
I'm looking to create a fairly simple overlay using a 200 period linear regression with standard deviation bands around it for which the multiple can be adjusted. Another variation could use the ATR instead of the standard deviation. I've found linear regression channels to be helpful to me, but since they can only be drawn by hand on each chart, the overlay I described would be the next best thing. Any suggestions?

Thanks
Bruce_L
Posted : Friday, November 20, 2009 8:59:35 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
The Linear Regression Scan and Regression Channel edit topics have RealCode Indicators for TeleChart style Linear Regression Channels and Moving Linear Regressions (with options to use Standard Deviation or TeleChart's LR calculations for Width).

-Bruce
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