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Re: [EquisMetaStock Group] Re: Hook reversal exploration, defining the trend.



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In a message dated 6/9/2003 1:45:56 PM Pacific Daylight Time, anrejaer@xxxxxxxx writes:

First plot a LinearRegressionTrendline on your chart-On Close by 
example- and you can see a true straight line
After you plot the LinearRegressionIndicator on the close with the 
same period.
As you can notice, the last point of your LRTrendline is on the LRI
Andre


Hi Andre:

I have MS 8.01 and I don't have what you refer to as a LRT (trend line - straight).  I have only two indicators within my version of MS - the LRI and LRS.  I have found no way to in fact plot the true straight line, but I know that if that indicator/line did exist it would intersect the LRI at "today's" plot.  Is your LRT from your own formula?  I've been looking for that kind of plot for several MetaStock versions and have never seen it.

Jay






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