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Open Feature request MC-767

Dynamic Regression Channels

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Description

I would be glad to see a Dynamic Regression Channel Facility implemented in Multicharts DT. A DRCF would automatically recalculate both the slope of the central Best Fit Regression Line and the Residual Standard Deviation as new prices flow in.  
As a consequence the "length" of the Regression Channel would increase while the starting point, selected manually, would stay fixed.
The current Regression Channel Facility in Multicharts DT is static and I find this to be inefficient, or indeed annoying. 
If I am waiting for a chart to reach a certain area in a Regression Channel it is tiring and boring to keep on re-drawing the RC. A good software should do that for me, like some competing software programs do.  
I think such an improvement would make Multicharts more user friendly and more useful.
baermulti
PS: with Residual Standard Deviation I mean the Standard Deviation of Residuals ie of the differences between the values on the chart and the corresponding values on the Best Fit Regression Line

Steps to reproduce this issue

I am suggesting to enhance the Regression Channel Facility by making it Dynamic.   I am referring to Regression Channels with fixed stating dates.

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History
Issue basics
  • Type of issue
    Feature request
  • Category
    Drawings
  • Targeted for
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  • Status
    Under Review
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    user-offline.png  baermulti
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  • Severity
    Normal
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