| StockFetcher Forums · General Discussion · Would this be a good enough baseline | << >>Post Follow-up |
| styliten 303 posts msg #157142 - Ignore styliten |
7/3/2021 3:50:16 PM If not, what do you guys use as a preferred baseline of any stocks? |
| Cheese 1,374 posts msg #157145 - Ignore Cheese |
7/3/2021 9:41:22 PM https://www.stockfetcher.com/forums/General-Discussion/Would-this-be-a-good-enough-baseline/157142 styliten 7/3/2021 3:50:16 PM ============================================================ sty, You may find the following thread on IBD Flat Base line of added value: https://www.stockfetcher.com/forums/General-Discussion/Flat-Base/56824/-1/56824 Other pros use ATR. There are good ATR posts by four, davesaint86, and others Yet other pros use the Kijun Base Line. |
| styliten 303 posts msg #157162 - Ignore styliten modified |
7/6/2021 1:26:48 PM @ Cheese, Got some questions for you: Have you ever figured out/able to reconcile between: a. https://www.stockfetcher.com/forums/Indicators/Linear-Regression-Channels/43 and b. https://www.stockfetcher.com/forums/Indicators/Standard-Error-Channels/96317 Specifically, using 16 or 25 days (the square roots of 16 and 25 are 4 and 5 respectively): 1. What's the difference between: Draw Top Linear Regression Line(16,1.0,0) and Draw Top Linear Regression Line(16,1.0,1) 2. What's the conversion between Linear Regression Channel and Standard Error Channel? https://www.investopedia.com/ask/answers/042415/what-difference-between-standard-error-means-and-standard-deviation.asp Since 
Shouldn't Draw Top Linear Regression Line(16,1.0,1) = Draw Upper Standard Error Channel (16, 4) ? If not, what's the correct conversion value between the two using 16 or 25 days as an example? |
| Cheese 1,374 posts msg #157164 - Ignore Cheese |
7/6/2021 3:03:18 PM sty, Your questions are beyond my pay grade. Perhaps, technical minds like nibor100, fotch, xarlor, mahkoh, and many more members can answer questions. I simply get down to my level and use the following link, which is good enough for me: https://s4be.cochrane.org/blog/2018/09/26/a-beginners-guide-to-standard-deviation-and-standard-error/ |
| styliten 303 posts msg #157168 - Ignore styliten modified |
7/6/2021 10:24:59 PM Leaning towards the opinion that the built-in stderr calculations may be wrong: View the results in TABLE. The good thing: the difference between Top & Bottom Linear Regression Line does equal to standard deviation, and the difference between Upper and lower Standard Error Band does equal to the stderr value. The bad thing: the stderr is sometimes greater than the corresponding stddev for the same period, which is statistically impossible!  Wish there is more technical know-how here! |
| Cheese 1,374 posts msg #157172 - Ignore Cheese |
7/6/2021 10:50:52 PM sty, In the earlier years, members like TRO, yepher, alf44, Kevin_in_GA, miketranz, niko, etc would be able to have a meaningful discussion. TRO, yepher, and mahkoh have recently resurfaced. Maybe they could chime in. Currently, members like nibor100, xarlor, miketranz, etc would likely be qualified to provide insights. Also, please contact sF staff. Usually, people who programme the indicators have more insightful views than users do. |
| Cheese 1,374 posts msg #157173 - Ignore Cheese |
7/6/2021 11:02:57 PM sty, At one point, your posts seemed to refer to Standard Error Channel and Standard Error Band interchangeably. But sF explanations said they are different. |
| Cheese 1,374 posts msg #157174 - Ignore Cheese |
7/6/2021 11:26:13 PM For all practical purposes, Linear Regression Line and Standard Error Channel should give the average users the same trading decision support |
| styliten 303 posts msg #157176 - Ignore styliten |
7/6/2021 11:27:18 PM Yes, Error Bands and Error Channels are different, similar to LRI and Linear Regression (Channels) respectively. But they are identical in values as of "today" (terminal value): See results in table view:  |
| StockFetcher Forums · General Discussion · Would this be a good enough baseline | << >>Post Follow-up |