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Alex, that LRS indicator uses a "P" function - it forces The Explorer
to prompt for a plot to apply the code to.
Try using this code in ColA:
MetaStock -> Tools -> The Explorer -> New
Copy and paste formula below.
============================
Linear Regression true slope
============================
---8<---------------------------
{ Linear Regression true Slope v3.5 }
{ -100~+100% / -90~+90 degrees }
{ ©Copyright 2003-2004 Jose Silva }
{ http://users.bigpond.com/prominex/pegasus.htm }
pds:=21; {Linear Regression periods}
pds1:=5; {Lin Reg Signal periods}
x:=4; {Open=1, High=2, Low=3, Close=4, Volume=5}
display:=1; {display -100~100%=1, -90~90 degrees=2}
plot:=1; {[1] LinReg Slope, [2] signals}
x:=If(x=1,O,If(x=2,H,If(x=3,L,If(x=5,V,C))));
LRlast:=LinearReg(x,pds);
LRS:=LinRegSlope(x,pds);
LRprev:=LRlast-LRS;
{LRstart:=Ref(LRlast-LRS*(pds-1),pds-1);}
a:=Min(LRlast,LRprev)/Max(LRlast,LRprev);
LRratio:=(If(LRlast>LRprev,2-a,a)-1)*80;
LRSdeg:=If(LRratio<0,Atan(LRratio,1)-360,
Atan(LRratio,1));
LRSper:=LRSdeg*10/9;
LRStrue:=If(display=2,LRSdeg,LRSper);
signal:=Mov(LRStrue,pds1,E);
BuySell:=
Cross(LRStrue,signal)-Cross(signal,LRStrue);
{If(plot=1,LRStrue,BuySell)}
LRSdeg
---8<---------------------------
jose '-)
--- In Metastockusers@xxxxxxxxxxxxxxx, "alui_98" <alui_98@xxxx> wrote:
>
> I downloaded the Linear Regression Slope Indicator from his site and
> tried to use it as follows in the MS explorer:
>
> Column A: a:=FmlVar("LRS", "LRSDEG"); {display the degree}
> a;
>
> I ran the above on a single stock just to test but got the following
> error in the resulting report (under the Rejects tab):
>
> Error in column A: Requires a selected price or indicator plot in
> the active chart.
>
> Does anyone know what this error means? Jose, if you read this,
> perhaps you'd like to tell me exactly how I can extract the "LRSDEG"
> component from your indicator in an explorer.
>
> Thanks in advance,
> -Alex
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