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Re: [EquisMetaStock Group] Weekly MACD histogram



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Roy, both posted Linear Regression Slope formulae outputs are so close 
to the MetaStock canned LRS version, that in my view it isn't worth 
the extra code complexity and processing overheads.

---8<------------------
pds:=Input("Periods",5,50,10);
LinRegSlope(P,pds)
---8<------------------

---8<------------------
A:=Tema(C,75);
pds:=10;
LinRegSlope(A,pds)
---8<------------------

jose '-)


--- In equismetastock@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen@xxxx> 
wrote:
> Bill
> 
> I have this formula for "slope of line".
> 
>   {Slope of Line}
> Periods:=Input("Periods",5,50,10);
> Slope:=((Sum(Cum(1)*P,Periods))-
> (Sum(Cum(1),Periods)*Sum(P,Periods)/Periods))/
> ((Sum(Power(Cum(1),2),Periods))-
> (Power(Sum(Cum(1),Periods),2)/Periods));
> Slope;
> 
> Here's virtually the same thing applied to a 75 period Tema of 
CLOSE.
> 
>   {Slope of Tema}
> A:=Tema(C,75);
> Pds:=10;
> Slope:=((Sum(Cum(1)*A,Pds))-
> (Sum(Cum(1),Pds)*Sum(A,Pds)/Pds))/
> ((Sum(Power(Cum(1),2),Pds))-
> (Power(Sum(Cum(1),Pds),2)/Pds));
> Slope;
> 
> I'm unaware or who the author is but think I picked these up from 
the Guppy site ages ago.
> 
> Roy




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