Abbreviation: LinXYReg X Intercept
Category: Regression
Input Parameters:
Name | Range | Default |
X Axis | Close | |
Y Axis | Close | |
Regression Periods | Int >= 3 | 40 |
Calculation:
-Yintercept(X, Y, n) / Slope(X, Y, n)
where
X = X Axis
Y = Y Axis
n = Window Size
Slope represents Linear XY Regression: Coefficient of Regression (Slope)
Yintercept represents Linear XY Regression: Y intercept
Discussion:
Computes the X value at which the linear regression line crosses the X axis. Note that the linear regression line is the straight line that provides the best fit to the X and Y points over the last n periods.