Linear Regression

Description

The Linear Regression Indicator plots the trend of a security’s price over time. That trend is determined by calculating a Linear Regression Trendline using the least squares method. This ensures the minimum distance between the data points and a Linear Regression Trendline.

Syntax

LinReg(int period)

LinReg(ISeries\<double\> input, int period)

Returns default value

LinReg(int period)[int barsAgo]

LinReg(ISeries\<double\> input, int period)[int barsAgo]

Return Value

double; Accessing this method via an index value [int barsAgo] returns the indicator value of the referenced bar.

Parameters

Examples

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// Prints the current value of a 20 period LinReg using default price type
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double value = LinReg(20)[0];
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Print("The current LinReg value is " + value.ToString());
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// Prints the current value of a 20 period LinReg using high price type
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double value = LinReg(High, 20)[0];
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Print("The current LinReg value is " + value.ToString());

Source Code

You can view this indicator method source code by selecting the menu New > NinjaScript Editor > Indicators within the NinjaTrader Control Center window.