Regression Trend

Application

Regression Trends can be used in a way similar to parallel channels. The main difference is that there are upper and lower bands which are set a user defined number of standard deviations away from a base line. This is a good tool to use to determine when a price is unusually far away from its baseline.

Inputs

Upper Deviation

Determines the number of standard deviations away from the base to set the upper channel. Essentially this sets the distance between the center base and the edge of the upper channel.

Lower Deviation

Determines the number of standard deviations away from the base to set the lower channel. Essentially this sets the distance between the center base and the edge of the lower channel.

Use Upper Deviation

Toggles the use/visibility of the upper channel.

Use Lower Deviation

Toggles the use/visibility of the lower channel.

Source

Sets the price source to calculate the channel position.

Style

In Style property dialog it is possible to change the appearance of a regression trend:

Base

Sets the color, thickness and line style of the base line and the lower channel background. Checkbox beside toggles the base line visibility.

Up

Sets the color, thickness and line style   of the upper channel as well as its border's thickness and line style. Checkbox beside toggles the upper channel visibility.

Down

Sets the color, thickness and line style   of the lower channel as well as its border's thickness and line style. Checkbox beside toggles the lower channel visibility.

Pearson's R

This checkbox toggles visibility of the text displaying Pearson's correlation coefficient value between the two points of the regression trend.

Extend Lines

Toggles the option to extend the channel lines indefinitely to the right, even when out of the current chart view.

Coordinates

In Coordinates properties dialog you can set precisely the position of the Regression Trend's points on the time axis by setting the bar number:

Point 1 Bar

Allows for the precise placement of the regression trend's first point using a bar number.

Point 2 Bar

Allows for the precise placement of the regression trend's second point using a bar number.

Visibility

In visibility properties dialog you can switch the Regression Trend displaying on charts of different timeframes:

홈으로 스탁 스크리너 포렉스 스크리너 크립토 스크리너 이코노믹 캘린더 사용안내 차트 특징 프라이싱 프렌드 리퍼하기 하우스룰(내부규정) 헬프 센터 웹사이트 & 브로커 솔루션 위젯 차팅 솔루션 라이트웨이트 차팅 라이브러리 블로그 & 뉴스 트위터
프로화일 프로화일설정 계정 및 빌링 프렌드 리퍼하기 나의 서포트 티켓 헬프 센터 공개아이디어 팔로어 팔로잉 비밀메시지 채팅 로그아웃