Sunday, 18 October 2009

Oscillator Linear regression

Oscillator Linear regression is the number of standard deviations the current price of the line of linear regression. A value of 2 means that the price is currently located at 2 standard deviations above the linear regression (using a given period of regression, ending at the bar). Value - 1.5 means that the price is now at a 1.5 standard deviations below the regression line. This function is added as an additional option "Oscillator linear regression to indicator bands of linear regression. Recommended that the oscillator linear regression was built in a separate window below the price chart. Oscillator Linear regression shows how far the current price deviated from the regression trend line in units of standard deviation, or how far the price deviated from the basic trend established by regression analysis (using the term).

The above graph shows the daily candle "Intel Corporation" (INTC). Prognostic line linear regression (LRF) is depicted in black, the upper band of 2 standard deviations, shown in blue, and the lower band shows a red color.

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