| Tick-by-tick
day trading Simulation Software for currencies, futures and stocks Download the RapidSP daytrading simulator and explore your chances of succeeding at the super-career as a daytrader. Learn to day trade currencies, futures, and stocks at a speed of your choice. Download years of tick data for many instruments for free, 100+ technical studies, oscillators, line studies & price styles. |
 |
 |
Home |  |
Free Downloads |  |
Contact Us |  |
Prices |
Technical
Stuies offered in RapidSP |
The Slope shows how much prices are expected to change per unit of time. Slope gives you the
general direction of the trend (positive or negative), r-squared gives you the strength of the
trend. A high r-squared value can be associated with a high positive or negative Slope. When the Slope of the trend first becomes significantly positive, you could open a long position.
You could sell, or open a short position when the Slope first becomes significantly negative. You may even consider opening a short-term position opposite the prevailing trend when you
observe the Slope rounding off at extreme levels. For example, if the Slope is at a relatively high
level and begins to turn down, you may consider selling or opening a short position. The Linear Regression Slope indicator provides the slope at each bar of theoretical regression
lines, which involve that bar and the previous N-1 bars (N being the regression period). First, the data, based on the price selected, is smoothed using the moving average period and
type (specify a period of 1 if no pre-smoothing is desired). The resulting data is then used to
form regression lines ending at each bar, using the regression period specified. The slope of
each bars regression line is the recorded as the linear regression slope value for that bar. Usage: The Slope shows how much prices are expected to change per unit of time. It gives the general
direction of the trend (positive or negative)  |