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:

Домой Скринер акций Скринер форекс Скринер криптовалют Экономический календарь О проекте Особенности Цены Приведи друга Правила поведения Справочный центр Решения для сайтов и брокеров Виджеты Графики TradingView для сайтов Легкая версия графиков Блог и новости Твиттер
Профиль Настройка профиля Счёт и оплата Ваши друзья Монеты Мои запросы в поддержку Справочный центр Опубликовано идей Подписчики Подписки Личные сообщения Чат Выйти