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Registered User
Joined: 1/21/2005
Posts: 22
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Hi,
I was trying to perform a visual sort on a 60 day linear regression on price. Correct me if im worng, but isn't a negative value supposed to depict a downward slope and vice versa? Then how come I am getting positive sloping LRs for negative values? Is it a bug or am I doing something wrong?
Thanks
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Registered User
Joined: 1/21/2005
Posts: 22
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oops sorry I meant I used a PERCENT SLOPE...same problem though
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Could you provide some examples? It might be possible for a slope calculation to seem incorrect if part of the Linear Regression is negative, but I just tried several sorts using both a Visual Slope and Percent Slope of a Linear Regression of Price and the slope came out correctly for every symbol I checked.
-Bruce
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Registered User
Joined: 1/21/2005
Posts: 22
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oops nevermind i got what i was doin wrong sorry
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Good, glad you figured out the problem.
- Craig
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