Registered User Joined: 1/7/2012 Posts: 73
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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?
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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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 Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 1/7/2012 Posts: 73
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Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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You're welcome.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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