Regression Analysis - page 4

[lepiricus]

muadib:
Can someone please program-in an alert if the price crosses the line

This is a great idea, and I thank Igorad for doing this.

Looks like you are trading this successfully, despite the fact that those lines do "repaint" and looks like you are trading it on a breach of the 3rd deviation.

[muadib]

igorad:
Updated version of PolyFitBands with new options:

- shift in bars

- alert when price crosses Upper or Lower bands

Thanks for the new version

lepiricus

Yes, I take the trade after the 3rd level has been breached.

- Upper 3rd level for short if the trend is going downwards.

- Lower 3rd level for Long if the trend is going upwards.

Works for now

p.s.: sorry for my english

[lepiricus]

muadib:
Thanks for the new version

lepiricus

Yes, I take the trade after the 3rd level has been breached.

- Upper 3rd level for short if the trend is going downwards.

- Lower 3rd level for Long if the trend is going upwards.

Works for now

p.s.: sorry for my english

Your English is fine, and nobody can argue with a method that works. I've noticed that fit mode 1 doesn't repaint and I will by toying with that.

Igorad's addition of the alert has made my day. I can go back and demo this now since it has alert.

If it is like his other indicators alert mode 1 is audio and alert mode 2 is email alert.

[muadib]

So far I came to the conclusion that you would need to have very wide t/p and s/l levels for it to work (longterm I mean).

[Linuxser]

muadib:
So far I came to the conclusion that you would need to have very wide t/p and s/l levels for it to work (longterm I mean).

Hi,

This are only indicators, no more no less.

We need a system or method to define SL or TP and even that task is beyond the selected method.

[muadib]

Linuxser:
Hi,

This are only indicators, no more no less.

We need a system or method to define SL or TP and even that task is beyond the selected method.

Might be an plausible entry point for trades

[Linuxser]

muadib:
Might be an plausible entry point for trades

Could be, but be careful with the last indicator last time I saw the code it repainted.

[muadib]

Linuxser:
Could be, but be careful with the last indicator last time I saw the code it repainted.

Yeah it repaints , but it does help you to identify when the trend continuation occours ( trend is your friend, etc ).

[Igor Durkin]

Polynomial Volatility (PolyFitVolty_v1) is standard deviation of polynomial regression.

Please try to compare with StdDev and ATR.

[dustovshio]

Linuxser:
Hi,

This are only indicators, no more no less.

We need a system or method to define SL or TP and even that task is beyond the selected method.

The seperation indicator could be useful in filtering out trades that could continue beyond the bands. For example, enter when 3rd bands breached unless seperation > 8.