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Anybody ever used this concept of Linear Regression and BB's?
Best regards
Walter
----- Original Message -----
From: d jameson <magnatizer@xxxxxxxxxxx>
To: <EnsignList@xxxxxxxxxxx>
Sent: Monday, November 22, 1999 12:29 PM
Subject: linear regression slope line
| EnsignList - http://www.ensignsoftware.com
|
| Was wondering if anyone had worked up the ensign custom formula for linear
| regression slope (this is metastocks label, I also call it moving linear
| regression). I do not have the formula nor can i find it anywhere.
|
| My use for it is to plot it (8 period) with BBs (20 period). When it
breaks
| through bbs either direction I tighted stops (i.e. over top bb and i am
long
| I tighten to low of prior bar of whatever time frame i am trading... vise
| versa for short and break below bottom bb)
|
| Have not had a chance to backtest it yet as I was on a two week CQG trial
| but it did appear promising from visual scan.
|
| ht
| Magnatizer
|
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