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Take care not to confuse Linear Regression with the Linear Regression
Indicator, which is just the end point of the Linear Regression
trendline for each bar.
The Linear Regression trendline needs to be hardcoded for values to be
referenced in MetaStock.
You can find the code for Linear Regression trendline here:
http://users.bigpond.com/prominex/pegasus.htm#metastock
"LinReg Trendline" link.
jose '-)
--- In equismetastock@xxxxxxxxxxxxxxx, Stephen Dawson <dawsonsg@xxxx>
wrote:
> Hello Guys,
>
> I was wondering if someone would be able to help with this
> (if it is not a stupid question).
>
> I am after some information on the Linear Regression Indicator
> (apart from what is already in the metastock manual.
>
> What I am trying to do is get a line of 'best fit' across a number
> of bars and then determine how many bars are crossed and how many
> aren't (is there an indicator that can do that that anyone knows
> of or do I have to hard code it.)
>
> Any help appreciated.
>
> Regards
> Steve
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