JAM Linear Regression Pack
From Custom EasyLanguage development to unique TradeStation indicators and utilities
The JAM Linear Regression Pack is a set of TradeStation indicators that use Linear Regression in their calculations.
The benefits of using the JAM Linear Regression Pack include:
The full set of indicators included in the pack are as follows:
JAM Linear Regression Line (and inputs)
This indicator is an enhanced version of the standard TradeStation 'Linear Reg Line' indicator. As well as being able to change the Target Bar (to match different platforms), the style of the line can be changed, it can be colored according to direction, and the current value can be displayed in the right hand margin.
JAM Linear Regression Line B (and inputs)
This indicator is unique to JAM Strategy Trading. It is similar to the JAM Linear Regression Line indicator (above), but instead of an end date and time, a start date and time can be specified (this is how the ThinkOrSwim and TradeDecision platforms show Linear Regression lines). But you don't have to specify a particular date and time, you can say 'start the linear regression line at the open of the day' or '... yesterday'. The Linear Regression line will then grow through the day recalculating on each new bar. It's showing you a dynamic length Linear Regression line which continually changes to incorporate the entire days data!
JAM Linear Regression Line with Channels
This indicator is similar to the JAM Linear Regression Line indicator, but with added channels. It has all the features of the Line indicator, plus the ability to draw upto three sets of channel lines above and below the central Linear Regression Line. The channels can be calculated with any combination of Standard Deviation, Average True Range, Standard Error, percentage or price, fixed number of ticks, high/low of Line, Raff Channels, or modified Raff Channels.
The Linear Regression Line with Channels indicator has can be set to calculate the channel based on Standard Deviation, Average True Range, Highest High/Lowest Low, percentage or fixed number of ticks.
Linear Regression Curve Linear Regression Curve with Channels
The Linear Regression Curve with Channels indicator has can be set to calculate the channel based on Standard Deviation, Average True Range, percentage or fixed number of ticks. The JAM Linear Regression Curve indicator runs much faster than the TradeStation Linear Regression Curve indicator. e.g. On 10 years of 1 minute @ES data the TradeStation indicators takes 16 seconds to run whereas the JAM indicator only takes 10 seconds (obviously the exact timings will depend on your computer).
Linear Regression Angle Linear Regression Slope
The Linear Regression Angle and Linear Regression Slope indicators are both oscillators. They produce similar charts, but with different values.
If you need more information then please feel free to contact me .
Coding of customized EasyLanguage indicators, functions and strategies.
Unique indicator and utility packages.
Coding of C++ programs for improved integration and
Enhanced systems for more robust trading automation.
Conversion of indicators and strategies from other trading platforms to TradeStation.