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Need help with ninjatrader drawing tool.

  #1 (permalink)

singapore
 
Trading Experience: Advanced
Platform: cqg integrated client
Favorite Futures: cl es nq
 
Posts: 43 since Oct 2015
Thanks: 21 given, 10 received

Need help with ninjatrader drawing tool.

I'm using linear regression drawing tool on ninjatrader 7 and 8.

I have noticed that if I draw linear regression channel diagnoally across two points say connecting the lowest and the highest points in a trend, I get exactly the same thing if I were to draw the regression channel horizontally, instead of diagonally. which means that regression channel is drawn across the X axis, without any input from the Y axis, which of course is the price.

so how are we drawing regression channels on ninjatrader without the component of price being taken into account. am I doing something wrong here?

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