I have placed a moving linear regression indicator on a volume indicator. I'm not able to create a scan condition from the chart. Is there a way to do this? Your help will be appreciated.

tedk13

I get the same results. Thank you for reporting the issue. It has been assigned case number 8662.

It may be possible to create a Personal Criteria Formula to work around the issue if you provide the details of exactly what you are attempting.

Using Linear Regression vs Classical Peaks/Valleys for Divergence Analysis

Bruce,

I am working with   "V-AVGV13".

Incidentally, what happens now that my question has a case number?

tedk13

What is the period of the Moving Linear Regression?

Say, 13

An Indicator Formula for the 13-Period Linear Regression of Volume could be writtten as:

AVGV13 + 6 * (6 * V + 5 * V1 + 4 * V2 + 3 * V3 + 2 * V4 + V5 - V7 - 2 * V8 - 3 * V9 - 4 * V10 - 5 * V11 - 6 * V12) / 182

An Indicator Formula for the 13-Period Linear Regression of the 13-Period Simple Moving Average of Volume could be written as:

AVG(AVGV13,13) + 6 * (6 * AVGV13 + 5 * AVGV13.1 + 4 * AVGV13.2 + 3 * AVGV13.3 + 2 * AVGV13.4 + AVGV13.5 - AVGV13.7 - 2 * AVGV13.8 - 3 * AVGV13.9 - 4 * AVGV13.10 - 5 * AVGV13.11 - 6 * AVGV13.12) / 182

An Indicator Formula for the 13-Period Linear Regression of Volume minus the 13-Period Simple Moving Average of Volume could be written as:

AVGV13 - AVG(AVGV13,13) + 6 * (6 * (V - AVGV13) + 5 * (V1 - AVGV13.1) + 4 * (V2 - AVGV13.2) + 3 * (V3 - AVGV13.3) + 2 * (V4 - AVGV13.4) + V5 - AVGV13.5 - V7 + AVGV13.7 - 2 * (V8 - AVGV13.8) - 3 * (V9 - AVGV13.9) - 4 * (V10 - AVGV13.10) - 5 * (V11 - AVGV13.11) - 6 * (V12 - AVGV13.12)) / 182

A Condition created by clicking on the Moving Linear Regression and selecting Create Scan Condition will not work, but a Condition created by clicking on a Custom PCF Indicator containing one of the above Indicator Formulas does appear to be work correctly.

Bruce,

Thanks, again, for your patience and helpfulness.

I have found that I CAN scan on Time Series Forcast although NOT on Moving Linear Regression. Because these indicators are virtually identical, I'm all set.

tedk13

Yeah. A Time Series Forecast is just a Moving Linear Regression projected into the future by a number of bars equal to the Forecast setting. If you could set Forecast to 0 (TC2000 doesn't allow this for some reason), it would be a Moving Linear Regression.