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Date/Time: Wed, 01 May 2024 23:35:38 +0000



Post From: Moving Linear Regression not calculated properly?

[2015-11-30 04:02:24]
Al SC Developer - Posts: 434
If you do your counting properly, you will see that the large range bar is included at the break point. The linked image below shows the 200 bar count from the end and again from the break point in the avg line (it is 28 bars back shown with the pink/orange markers at the bottom). In the attached image, I also drew two 200-bar linear regression tools that cover the indicated areas, and you can see the moving avg line matches the ending values exactly.

The linear regression can act differently than a normal moving average. A normal moving average would increase in the area that reference, but this price action is causing the regression to act differently.

Chart: http://www.sierrachart.com/image.php?l=144885557073.png