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Standard Deviations Lines on Detrend of Prices from Instantaneous Trend Line
Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users Joined: 8/11/2005(UTC) Posts: 104
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Hi,
Could you help me with the formula to calculate and draw Two Horizontal Lines plus and minus one standard Deviation on a Detrend of f Prices from the Instantaneous Trend Line.
Does the Detrend of Prices from the Instantaneous Trend Line have to be calculated a special way?
Best regards,
Derek
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users Joined: 8/11/2005(UTC) Posts: 104
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Hi again,
My original letter should have read,
Could you help me with the formula to draw Two Horizontal Lines
"Plus and Minus One Sigma" on a Detrend of the Prices of the Instantaneous Trend Line.
Is there a special method of calculating the Detrend of prices from the Instantaneous Trend Line.in this case?
Sorry about my error.
Regards.
Derek
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Rank: Advanced Member
Groups: Registered, Registered Users Joined: 1/19/2005(UTC) Posts: 1,065 Location: Koh Pha-Ngan, Earth
Was thanked: 2 time(s) in 2 post(s)
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Derek, check out these indicators from MetaStockTools.com's formulae collection:
2-point plot - coding example of 2-point, x/y line plot - useful for creating automatic chart trendlines.
TrendLine - adjustable automatic trendline.
TrendLine-dates - date-adjustable chart trendline.
Benchmark trendline - plots a performance benchmark trendline based on a fixed % yearly growth rate - with several user inputs.
LinReg Trendline v4 - Linear Regression Trendline with Standard Deviation/Error Channels/Bands, date-adjustable.
jose '-)
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users Joined: 8/11/2005(UTC) Posts: 104
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Hi,
Thank you for your help.
My best attempt so far is below... if the maths is correct?
----------------------------------------------------------------------------
ITR:=(Fml("H TL sum 1") + Fml("H TL sum 2") + Fml("H TL sum 3"));
DeITR:=((C-ITR)/ITR)*100;
DeITR;
nn:=LastValue(Cum(1)-50);
Sigma:=LastValue(Stdev(DeITR,nn));
Sigma;
MinusSigma:=Sigma*-1;
MinusSigma
------------------------------------------------------------------------------------------------------
Derek
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users Joined: 8/11/2005(UTC) Posts: 104
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Hi again,
Is it possible to plot OHLC Price Bars instead of just Closing prices
on a "Detrend of Price from Instantaneous Trend Line Graph".
Regards
Derek
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users Joined: 8/11/2005(UTC) Posts: 104
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Hi,
Is it possible to
“Suppress Trailing Zeros” displayed on a MetaStock Chart?
e.g. I get output of a custom formula displayed as “37.000000”
Hoping you can help.
Derek
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Standard Deviations Lines on Detrend of Prices from Instantaneous Trend Line
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