multiple timeframe linear regression channels

Can someone create an indicator to show the positive or negative slope of the linear regression channel? I would like an indicator, in a separate indicator window, to show green for positive slope and red for negative slope, and I would like it to show 4 different time frames.

I want to be alerted to the condition where the LRC in all 4 timeframes is either positive or negative.

Thanks

I can do it, if you give more details about what settings you need. Also it's very interesting in what system you are going to use it?

Wookey

Hi Zinvestor

Does the attached indicator suffice?

It doesn't change color between positive and negative, but you can set a horizontal line at the zero point (on the "Levels" tab) to delineate between positive and negative slope values.

Re your wanting 4 timeframes..... You can adjust the number of "regression candles" in the data sample for each plot, and have multiple plots in either the same, or different sub-windows. (If you prefer to plot all in the same sub-window, adjust the colors of each plot to suit your taste). See my post here if you're unsure how to plot indicators in the same, or different, windows: http://www.forexfactory.com/showpost...10&postcount=2

Unfortunately it doesn't t include alerts, but somebody may be able to program this for you.

David

Oops, been away for a while...

Thanks, hanover.

Thanks, hanover, but that one is not what I want. Actually, I don't really understand what that one is telling me.

Wookee, hanover, and anyone else, here is what I am looking for.

I use a linear regression channel and a linear regression curve in multi-timeframes. What I would like, ideally, is to have an indicator that would tell me what the LRcurve and the LRchannel look like in several timeframes on the same chart (1 hour chart).

Here is what I look for: I have a linear regression channel with Price, a linear regression curve and an exponential moving average moving inside the channel. I want the channel to be up-sloping with price and LRC at the bottom of the channel sloping up. This is on a 1 hour timeframe. If this is the case, it is ok for price and LRC to be below the EMA. Then I look at the 30min and 15min timeframes and the 5min to time my entry. On these timeframes I want price and LRC to have crossed above the EMA.

I want to be alerted on the 1 hour chart when price and LRC are at the bottom of the channel, turn up, and the channel is up-sloping (the reverse for down-sloping). When I get the alert, I will look at the lower timeframes but it would be nice to have an indicator show me what the conditions are on the lower timeframes so I would not have to look at several charts.

What do you think?

I would be glad to share more info with you if you can help me and I would greatly appreciate any help you give.

Thanks

Hello, I came across this post recently and I share the same idea with you regarding the LRC in all TFs. I wonder if you have already found an indicator to do that? If yes, can you please share it with me? If not, I will hire an expert to make it and can share with you. Please add me on Skype: suvitcha or email me at { email address deleted by staff }