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Registered User
Joined: 3/15/2005
Posts: 95
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Please provide the formula for a PCF to determine the Linear Regression Slope for a 250 day period.
Thanks
bradsticker
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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Here is a resource for writing PCFs for any period LR:
Using Linear Regression vs Classical Peaks/Valleys for Divergence Analysis
- Craig
Here to Help!
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Registered User
Joined: 3/15/2005
Posts: 95
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Craig,
I used the instructions and created a PCF for a 249 day linear regression slope:
(124*C0+123*C1...-123*C248-124*C249)/1286500
The result for ZUMZ was .07. Does this mean that the slope of the linear regression line is 7 cents per day?
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Registered User
Joined: 1/1/2005
Posts: 2,645
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QUOTE (bradsticker) Does this mean that the slope of the linear regression line is 7 cents per day?
bradsticker,
Yes. You can get a more accurate number by multiplying the PCF by say 1000 and then moving the decimal three places to the left.
Thanks,
Jim Murphy
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