stockfetcher
980 posts
msg #96303 |
9/16/2010 1:53:36 PM
| Time Series Forecast (TSF) |
|  | | Parameters | Indicator
Period
| | Usage | TimeSeriesForecast(close,25)
TSF(close,25)
| | | Description | The Time Series Forecast combines the an n-day linear regression trend line and the slope of the same trend line. By combining these two values, a line similar to a moving average is produced which attempts to predict the next point in the series. While similar to a moving average, instead of simply averaging the past values the Time Series Forecast uses the best fit line from the linear regression formula.
Below is an advanced example showing stocks touching their forecast value:
| |
|