StockFetcher Forums · Indicators and Measures · Standard Error Channels<< >>Post Follow-up
980 posts
msg #96317
9/17/2010 10:17:18 AM

Standard Error Channels

UsageUpper Standard Error Channel(45,2.0)
Lower Standard Error Channel(45,2.0)
Center Standard Error Channel(45,2.0)
Description Standard Error Channels are very similar to Standard Error Bands except the channel boundaries are projected back from the most recent Standard Error and Linear Regression Indicator measures. Where the Standard Error Bands are re-evaluated at each date, the Standard Error Channels, are linear projections based on single point to help identify the current trend based on the input parameters.

The center band is based on the current linear regression trend-line. The upper and lower bands a determined by a multiple (width) of the standard error of the trend-line.


show stocks where close crossed below lower Standard Error Channel(45,2.0)
and close is above 5.00
and average volume(30) is above 250000
and add column stderr(close,45)

StockFetcher Forums · Indicators and Measures · Standard Error Channels<< >>Post Follow-up

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