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Re: Linear Regression Slope



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Bert wrote:
> 
> Sounds realy interesting. Could you send the ela's?

Oops.  I forgot to attach them.  I'll try again.

conrad



> 
> cb wrote:
> 

> > The attached ela has 3 indicators:
> >
> > linregsl, shows the slope using weightedclose as price.  The number of
> > days is an input.
> >
> > linregsl-c is the same thing using close.
> >
> > lrslope-stddev plots the slope and std dev. of the slope.  Inputs are
> > days and the multiplier for the # of std deviations to plot the boundary
> > lines.  This gives you a "3-state" indicator for the trend -  the trend
> > can be up, down or neutral.  (Weightedclose is used as price.)
> >
> > I've been plotting the last one on my charts using three different
> > settings for days, to show the long, med., and short trend.
> >
> > Conrad Bowers

Attachment Converted: "c:\eudora\attach\Lr.ela"