Ask Vendit Off-Topic Questions Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ask Vendit Off-Topic Questions

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gush who wrote (5371)	2/26/2005 7:44:57 AM
From: Vendit™	of 8752

Gush, Re: I haven't seen the linear lines work in my T/A to date. So I'm looking forward to seeing the value in them. Below is the text book definition of Linear Regression Channels: Linear Regression is a tool used to measure trends and consists of a straight line drawn through the prices using the least squares method to plot the line. Two parallel lines are drawn equidistant above and below the linear regression line and these lines act as support and resistance. The space between the parallel lines is where equilibrium exists and if stock price moves to one of the channels prices will usually move back to center or the opposite channel line while a significant penetration of either line on volume, would indicate a breakout is occurring. Your statement to me that they have not worked for you indicate that you expect them to pick exact tops and bottoms for you. Don’t expect any technical tool to accomplish that for you. Linear Regression Channels calculate both the trend and the area of trading normality for a given time-frame. Linear Regression Channels put you into the Calls that you just sold for a profit on Friday. Reid

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next