regression trend channel value

[niki21]

Hi.

I drew a regression trend channel on the chart.
How can I display its value that will be in the next 2 or 5 bars
in text box on the chart ?

tnx.

[ronhicks]

I'm also seeking this answer. I've tried to get the Linear Regression Basic Study to match the lines of the RTC. I can get it to match when I click on the option: Use Standard Error instead of Standard Deviation, the outer channels line up, using a StdDev=2. However, the EFS Linear Regression study doesn't have this option. Does anybody know how I can create my own Linear Regression that has the option of Use Standard Error instead of Standard Deviation, ie. what is the calculation?

My approach will be:
Manually evaluate a chart to see if it follows the rules for a Type1 or FBS trade, manually draw a RTC, pass to a EFS that starting and ending bar date/time data points, have the EFS draw a Linear Regression to verify it lines up with the RTC, then code an alert within the EFS when the price breaks or closes outside the RTC channel.

[niki21]

This lines draw the "Regresion Trend Channel" on the chart.

===============

function main() {

setPriceStudy(true);

vLinReg = new addLineTool( LineTool.REGRESSION, -27, 0, 1, Color.blue, "reg1" );

}
==============

I have to draw them at 16:30 to 23:00 yesterday.
I also want that the lines will attract the next trading day.
And when the cursor is on the candle, the rate of the channel appears in the cursor window.

I saw that it could be done by :

vLinReg = new LinearRegressionStudy(Source, Length, StdDev);

But the channel is not identical

I would appreciate very much anyone who will help.

[eSignal_EricL]

Standard Error

This version of the Linear Regression study has the Standard Error parameter coded in it.