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SLOPE OF CHAIKIN MONEY FLOW LINEAR REGRESSION LINE Rate this Topic:
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kurt_clark
Posted : Thursday, February 21, 2013 1:41:44 PM
Registered User
Joined: 1/7/2012
Posts: 73

Hello I want to scan for an upward or downward slope of a linear regression line of the Chaikin Money Flow.

How would I do this?

Bruce_L
Posted : Thursday, February 21, 2013 2:06:58 PM


Worden Trainer

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

Add the Linear Regression Line to the Chaikin Money Flow indicator and then click on the Linear Regression Line indicator and select Create Scan Condition.

You are going to create a Condition for Moving Down Net with the Period set to 1 and the Net Change set to 0. This will create a Condition for a downward sloping Linear Regression Line. You just have to choose Moving Up Net instead of Moving Down Net to create a Condition for an upward sloping Linear Regression Line.

Create Conditions from Your Chart



-Bruce
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kurt_clark
Posted : Thursday, February 21, 2013 2:22:26 PM
Registered User
Joined: 1/7/2012
Posts: 73

Thanks

Bruce_L
Posted : Thursday, February 21, 2013 2:28:54 PM


Worden Trainer

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

You're welcome.



-Bruce
Personal Criteria Formulas
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