RegressionSlope( series, bars, [offset] )

series

Then name of the series.

bars

The number of bars over which to find the value.

[offset]

Then number of bars to offset before finding the value.

'  Find the slope of the linear regression
'  of the last 10 closes.
'
'  Once the slope has been found, we
'  can retrieve the end point as well.
 
'  This statement retrieves the Slope of the Close
slope = RegressionSlope( instrument.close, 10 )
 
'  This Statment returns the Regression End value.
endPoint = RegressionEnd( instrument.close )
 
'  Plot the linear regression on the bars that
'  have been used to calculate it. This is  a
'  postdictive calculation.
 
'  The variable plotRegression is declared as
'  an Instrument Permanent Auto Index Series
'  Variable with plotting.
 
'  Plot the Regression for the last 10 values
For i = 0 TO 9
  plotRegression[i] = endPoint - i * slope
Next
 
'  This example shows the use of the common
'  auto indexed series.
'
'  For information on using functions with
'  non auto indexed series review Series Functions.

Returns:

This example shows the Regression Slope value of an example auto indexed series.  For information on using functions with non auto indexed series review Series Functions.

RegressionEnd

See Also:

Series Functions

Edit Time: 9/18/2020 11:29:04 AM

Topic ID#: 493