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Plot Regression Channel Into The Future...

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    Plot Regression Channel Into The Future...

    This idea was originally suggested here...

    No Ninja tracking number was assigned at that time.

    Basically you ideally want to be able to plot or drag the right side of the Regression Channel into the future from an existing chart point ...to a known target in time....the target might be a length of swing...or the right side of the Trend Channel parallel line tool...or perhaps a particular time harmonic of some sort...or to the expected end of a chart pattern....etc.

    This could be very valuable. If you set up a regression channel on an initial swing, then move it forward to look at the length of a new swing, you will often see the channel call the length of swing quite accurately in both price and time.

    The way the regression channel is set up now is worthless....what good does it do to just look at past events ??....you need to be able to drag the channel right side to a known future target and then watch how things play out as the target is approached.

    The screen shot example below shows that often the regression channel will call the end of the parallel line in the trend channel tool quite accurately in both time & price.

    ....Thanks...
    Attached Files
    Last edited by Alfred; 10-11-2015, 08:57 PM. Reason: fix

    #2
    Looking at future targets with the regression channell....

    I do think this is a valuable idea to implement....the way it is now in Ninja you are just able to look at the regression channel in past data...what good is that ??

    I have seen this regression plot into the future accomplished in another program and the idea works well....for example you will often see a length of swing repeat with the regression channel....this could be valuable to see how a regression channel plays out in the future as it approaches length of swing or similar types of future targets....

    Ninja needs to get over just looking at the past....this is about futures ....looking at future targets..

    .........
    Last edited by Alfred; 01-15-2016, 07:30 PM.

    Comment


      #3
      Hello Alfred,

      I have just submitted a feature request on your behalf. I will update this post with a id for this request if/when one is available.
      Shawn B.NinjaTrader Customer Service

      Comment

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