[Metastockusers] Re: Jose's Linear Regression Slope Indicator

["alui_98" <alui_98@xxxxxxxxx>]

Thanks Jose for your quick response.   Now that you'd mentioned it I
noticed the "P" reference in the original code.  The new code works.

Thanks again,
-Alex

--- In Metastockusers@xxxxxxxxxxxxxxx, "Jose" <josesilva22@xxxx> wrote:
> 
> 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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