|
PureBytes Links
Trading Reference Links
|
--- In equismetastock@xxxxxxxxxxxxxxx, JayTownsend@xxxx wrote:
> In a message dated 6/9/2003 1:45:56 PM Pacific Daylight Time,
> anrejaer@xxxx 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
>
>Hi Jay,
Don't look for a needle in a haystack.
In the MetaStock jargon the LinearRegression line is not an
indicator. This tool belongs to the line studies family and you can
easily find it in the "Working with line studies" chapter in the
Helpmenu.
The LinearRegression line is drawn on a chart by either selecting the
desired button on the appropriate drawing toolbar - Channel group in
this case- or by choosing the Linear Regression from the InsertMenu.
The corresponding icon shows a four bars chart crossed by a ascending
trendline.
Andre
To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|