LinRegForecastArray (Function)

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Used to calculate the predicted y-value for a given x-value, based on the linear regression calculation of an array.

  All array-based function calculations begin with array element 1.

Function

LinRegForecastArray(PriceArray, Size, TgtPos)

Parameters

Name

Type

Description

PriceArray

NumericArray

A numeric array that calculations are based on.

Size

Numeric

A numeric expression representing the number of elements in the original array that have been used.

TgtPos

Numeric

A numeric expression representing the data point for which you want to predict a value.  Use a negative integer for a future bar, a positive integer for a previous bar, and zero for the current bar.

Returns

A numeric value containing the predicted y-value for a given x-value, based on the linear regression calculation.