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Hi some asked re Alan Hulls ROR indicator
im sure it could be done but i cant get the indicator to look
correct ..
the formuala is
Value of 52 week lin regression today = $11.67
Value of 52 week linear regression six month ago = $9.06
current share price = $ 12.37
Annual rate of return = (11.67 - 9.06)/12.37 = 0.21
Annualised and converted to a % = 42 %
so this 42 % is ploted and changes each day with price movements
the is also a static line at 25 % and 40 % ..
I hope someone can create it cause my efforts are not working :(
David
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