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Hello JNZ
Here's an example of the use of Linregslope and
LinRegIntercept imbedded in a relative strength routine.
Somewhere in there is a "pony" if you remember the old
joke.
It shows how to calculate relative strength for a
fixed time span, then fits a
linear regression equation over the last N days of
the relative strength array with standard
deviation bands.
It's a combination of the work
of two authors Bruce R. who's work is the RS section was
adapted
and Dimitris Tsokakis for the use of Linear Regression
functions. As you can tell totally
different styles.
The routine plots the relative strength of the current
issue against the Russell 2000
index !RUT and S&P500 index !SPX with Quotes Plus
symbols. Substitute your own symbols by
using the Parameters function or
this won't work if the tickers aren't valid (this should go without
saying but I do that all the time)
The routine also plots for the bars visible in the chart
window and does a linear regression on the
last N days defined in the parameter also, now at 63 or 3
months of daily bars.
So somewhere in there is the key that may help you in
fitting a linear regression. Note it starts
at the Right edge and does not shift as you change the
window, although the RS curves handles
the shifting or scaling windows with the bars visible
function.
Hope this helps.
JOE LANDRY
A plot as it stands with RS of SPX and RUT shows the
small/midcaps started a very nice uptrend at beginning
of the year and has hardly looked back.
----- Original Message -----
Sent: Saturday, February 04, 2006 10:55
AM
Subject: [amibroker] Another question
about how to use LinearReg()
There is a library item in AFL libreary showing how to draw
linear reg
line without using LinearReg() function.
Could anybody
show me how to use LinearReg() to do the same thing. This
could help me to
understand further about this function
thanks,
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