StdError problem.

[JCrown]

i was checking out stderror bands.
i thought about incorporating the idea.

i realized i could use "StdError"
however when i plot StdError(Input,period)
the plot is exactly = LinReg.

is it safe to assume this is an error?

[NinjaTrader_PaulH]

Hello JCrown,

Thanks for your post.

The description of the indicator (in the indicators panel, upper pane, left click on Std. error to select, then left click on the "i" above to show) "Standard Error shows how near prices go around a linear regression line. The closer the prices are to the linear regression line, the stronger is the trend."

It is expected that the center line of the StdError indicator would match a similar period LinReg indicator.

[JCrown]

i think you misunderstand me. im not talking about the indicator.

im talking about ninjascript when i use StdError in another indicator. standard error should be the distance between the LinReg and the bands, just like StDev. It should not plot LinReg. could you guide me on how to code a standalone stderror just like stdev so i could just plug the calculation into other indicators and if i want standard error bands ill just make a linreg + stderror sort of scenario?

[NinjaTrader_PaulH]

Hello JCrown,

Thanks for your reply.

Yes, you can use either of the overloads shown here:

Returns upper value
StdError(int period).Upper[int barsAgo]
StdError(ISeries<double> input, int period).Upper[int barsAgo]

Returns lower value
StdError(int period).Lower[int barsAgo]
StdError(ISeries<double> input, int period).Lower[int barsAgo]

Please see the helpguide here for reference: https://ninjatrader.com/support/help...r_stderror.htm

[JCrown]

nvm i found a solution