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Date/Time: Sun, 19 May 2024 06:24:35 +0000



Post From: Linear Regression End Channel not right when set to calculate on bar close

[2014-08-05 13:47:04]
Al SC Developer - Posts: 434
This will be addressed in ver 1170.

To make the tool and the study match:

* Calc On Close = No - The study will use the last N bar values to calculate the channel, and it is changing with updates to the bar. Draw the tool on the same N bars. The tool does not recalculate with bar updates, so it is a snapshot in time, so may not continue to match.

* Calc On Close = Yes - The study will use the prior N bar values (offset of one bar because final bar is not included) to calculate the channel. Draw the tool on the same N bars.

Note, be sure the option Chart Settings >> Advanced Settings >> Adjust Tool Values to Tick Size is disabled. If it is enabled, the channel could be slightly offset.