TradeStation keyword question - TradeStation | futures io social day trading
futures io futures trading


TradeStation keyword question
Updated: Views / Replies:956 / 10
Created: by IlyaKipnis Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

TradeStation keyword question

  #11 (permalink)
Elite Member
Texas, USA
 
Futures Experience: Intermediate
Platform: X_TRADER Pro, Custom
Broker/Data: NxCore
Favorite Futures: Futures, Spreads
 
Hulk's Avatar
 
Posts: 215 since May 2014
Thanks: 509 given, 474 received


IlyaKipnis View Post
Alright, so Rsquare is the R-squared of the high of prices (y) with respect to bar number (x).
The slope, ALSO, is the high of prices (y) with respect to bar number(x)?

I think I am unable to translate the code to you. Lets just go by the documentation:


R-Square Function
R-Square (r2) is the coefficient of determination, which measures the proportion of variation that is explained by the independent variable in a regression model. This function takes the value of CoeffR for the specified Length and squares the value. that is, CoeffR(Length) * CoeffR(Length). The RSquared value can be interpreted as the proportion of the variance of Price with respect to the specified period (’Length’).

So, this function would use the PriceH over specified length to compute the value.


LinearRegSlope Function
Linear Regression is a concept also known as the "least squares method" or "best fit." Linear Regression attempts to fit a straight line between several data points in such a way that distance between each data point and the line is minimized.

Returns
A numeric value containing the slope of the current regression line.

Usage
The input Price can be hard coded with a bar attribute such as Close, Open, High, Low, and Volume or a numeric series type input. It can also be replaced with a valid EasyLanguage expression. For example: Close + Open, or Average(RSI(Close,14),14).

The input Length can be hard coded replaced with a numeric simple type input.

And this function calculates the slope of PriceH over the same length used in the previous function.

Hopefully this answers the question, otherwise I am out

Reply With Quote

Reply



futures io > > > > TradeStation keyword question

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Tradestation order execution question Stephan TradeStation 7 October 16th, 2017 07:29 PM
TradeStation and C# jdfagan TradeStation 9 October 9th, 2014 11:28 PM
openint keyword vs downticks same or? c12345 EasyLanguage Programming 1 July 29th, 2013 06:11 PM
Considering Tradestation: want to know if possible nhboy603 TradeStation 3 January 16th, 2013 08:07 AM


All times are GMT -4. The time now is 08:03 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-12 in 0.07 seconds with 19 queries on phoenix via your IP 54.234.255.29