Traders' Tips from TASC Magazine

FVE - lin reg slope

pds:=Input("period for FVE",10,80,22);
pds1:=Input("period for regression line",5,100,35);
mf:=C-(H+L)/2+Typical()-Ref(Typical(),-1);
fve:=Sum(If(mf>0.3*C/100,+V, If(mf<-0.3*C/100, -V,0)),pds)/Mov(V,pds,S)/pds*100;

If(LinRegSlope(fve,pds1)>0,1,-1)- If(LinRegSlope(C,pds1)>0,1,-1);


Contents

Sign in to MetaStock.com