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Thursday, September 14, 2006 |
Monday, October 20, 2008 10:09:14 AM |
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Bruce, you appear to know quite a bit about LR Channels. How would I create a PCF to model 100% LR Channels? (ie LinReg(50,0,100%) or LinReg(50,0,50%))
I noticed your formula for bands above was based on a certain number of standard deviations.
Percent channels would be calculated by assuming the distance between the channel lines to the regression line is the greatest distance that any one closing price is from the regression line.
Thanks,
Josh
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