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upperstderrband = MA(LinearReg(C,8) + 2* StdErr(LinearReg(C,8),8),3);
lowerstderrband = MA(LinearReg(C,8) - 2* StdErr(LinearReg(C,8),8),3);
--- In amibroker@xxxxxxxxxxxxxxx, "traderix2003" <d.adam@xxxx> wrote:
> Hi Steve,
>
> thank you very much for your answer. Have you a AFL formula for the
> Standard Error Bands?
> I could see it by a friend but he had Tradestation.
>
> Regards
>
> Daniel
>
> >
> > Try exiting after price closes above or below the Standard Error
> Bands (8
> > period linear regression; 2 standard errors, and a 3 period
sma).
> If price
> > continues to move in your direction, hugging the linear
regression
> line, it
> > keeps you in the trade. If price spikes in your direction,
you're
> out. If
> > price moves against you, hopefully, you have a stop-strategy in
> place.
> >
> > Take care,
> >
> > Steve
> > ----- Original Message -----
> > From: "traderix2003" <d.adam@xxxx>
> > To: <amibroker@xxxxxxxxxxxxxxx>
> > Sent: Friday, July 25, 2003 3:28 AM
> > Subject: [amibroker] INDICATOR FOR EXIT
> >
> >
> > I´m still loking for a good indicator only to EXIT my trades
> > (commodities).I tried almost everything and retain those three:
> > . R SQUARED + LINEAR REGRESSION SLOPE
> > . STOCH RSI
> > . TRIX
> >
> > Who has experience with those indicators?
> > Perhaps has somebody a better idea?
> >
> > Welcome to all innovative ideas!
> >
> > Regards. Daniel
> >
> >
> >
> > Send BUG REPORTS to bugs@xxxx
> > Send SUGGESTIONS to suggest@xxxx
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> >
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