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    Regression Channel auto-update

    Hello,

    is it somehow possible to make Regression Channels update automatically on each new bar? If not, will it be included in future versions?

    Regards

    #2
    Hello Kalle,

    Please set 'Calculate on bar close' to False as per the Regression Channel indicator in the Indicator menu.

    Comment


      #3
      Thanks for your answer, Jason

      but I didn't mean the Regression Channel Indicator, which is floating along over a fix period of bars, I meant the built-in drawing indicator. It uses an 'anchor-bar' but cannot update automatically it seems.

      So once the Channels is drawn, it needs to be updated manually on each new bar.

      Regards,

      Comment


        #4
        Kalle, yes you're correct you'll need to update the manually drawn one as you go forward.

        Comment


          #5
          Ok, maybe you can put it on the wishing list for upcoming versions ... thanks!

          Comment


            #6
            Thanks for the suggestion Kalle. You could also look into coding an indicator using the end value of the linear regression as replacement for the SMA in the Bollinger Bands, thus approximating a moving channel...

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