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Hi M
I'm not sure that I could code what you want,
though I don't think it should be impossible by any means. I wonder if it would
be of more use to use a "normalised" LRS rather than the canned one in MS. LRS
is price sensitive so high value stocks show higher LRS values than low value
stocks. Without some form of normalisation the "area" values would be almost
meaningless. That's my opinion anyway.
Regards
Roy
----- Original Message -----
Sent: Thursday, December 15, 2005 1:59 AM
Subject: Re: [EquisMetaStock Group] Linear Regression Slope -
Finding the "Area"
Hi Roy - thanks for the relpy...
Sorry my original
question wasn't clear enough.
I can explain it like this - imagine that the
LRS crossed above zero
two weeks ago, and has remained above zero for the
entire time. I
would like to know the total area (imagine a square -
the area is
length * width) within the boundaries of the LRS line and the
zero line.
This would allow me to observe the relationship between the
amount of
time that the LRS has been positive or negative and the strength
of
the move, either positive or negative.
Thanks so much Roy -
M
equismetastock@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen@xxxx>
wrote:
>
> Hi M
>
>
> Even if I understood what
you mean by "the "Area" above or below 0
that the LRS has traversed up to its
current point", I don't know if I
could help. Can you nail down what you mean
a little more precisely?
Some thoughts on how this information could be used
would also be
appreciated.
>
>
> Regards
>
> Roy
> www.metastocktops.co.nz
>
>
>
----- Original Message -----
> From: mmbbrr79
> To:
equismetastock@xxxxxxxxxxxxxxx
> Sent: Wednesday, December 14, 2005 4:15
AM
> Subject: [EquisMetaStock Group] Linear Regression Slope -
Finding
the "Area"
>
>
> Just wondering if someone can
explain to me how to create an indicator
> that calculates the "Area"
above or below 0 that the LRS has traversed
> up to its current
point?
> Would a grid approach be needed for this?
> Thanks
much,
> M
>
>
>
>
>
>
>
>
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