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Rick>How do you know where to start and stop you Linear Regression
> line, and how do you know how many periods to use for r-aquared
I am using a Linear Regression line, but I do not recall discussing it.
The original discussion was using r-square and the Linear Regression Slope.
For this, there is no starting point. The 23 period value assigned to
r-square is derived from doing extensive system tests on a particular
setup pattern that I look for as a pre-condition to a trade. The 13 period
value assigned to the Linear Regression Slope was derived from comparing
different value lines and determining which gave the better indication of
price movement with the least lag and fewest whipsaws. Also, it is a Fib
value. I thought the Fib value of 21 for the r-square would be
significant, but it was not.
Al Taglavore
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> From: Rick Lampkin <rlam3491@xxxxxxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Trendiness or Congestion measurement - r-squared + Linear
regression Slope
> Date: Monday, February 05, 2001 4:47 PM
>
> Al,
> I'v just started looking at R-squared and am a little confused on a
couple
> of issues. How do you know where to start and stop you Linear Regression
> line, and how do you know how many periods to use for r-aquared? Are you
> just staring at a pivot point and going from there or???
>
> Your comments would be much appreciated
>
> Thank You
>
> Rick
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