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Slope of Linear Regression lines Rate this Topic:
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jadeluca
Posted : Friday, January 8, 2016 3:51:07 PM
Registered User
Joined: 5/9/2011
Posts: 80

Hi Bruce,

The other day you helped me with writing code to determine the slope of Linear Regression lines applied to moving averages. This methodology has worked out well.... Yet, can you apply slope criteria like a slope of "1" which would imply a 45 degree slope? Does this type of thinking work given the units we are trying to applying a graphical representation to chart image?

 

thanks Jim

Bruce_L
Posted : Friday, January 8, 2016 3:55:00 PM


Worden Trainer

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

Not really. It is almost impossible to define an angle in degrees on the chart as it varies based on scroll, zoom, the aspect ratio of the pane in which the indicator is plotted and even what other indicators are plotted in the same scale.



-Bruce
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