Regression Channel Position Solver


The Regression Channel Position solver analyzes the relative position of price to the Regression Channel lines.  The Regression Channel is divided into 6 zones (A-F).  4 zones are inside the channel, and 2 zones are outside the channel.  Output Zones for the Long side start above the Upper channel line with Zone A and descend.  Output Zones for the Short side start below the Lower channel line with Zone A and ascend.  See the examples below for a visual explanation.

BloodHound   v2



This section is specific to BloodHound v2.  Scroll down for BloodHound v1.

Properties tab

Properties tab



This tab contains the essential settings for all nodes.

Output Modifiers

Modifiers



Global Properties

Global Properties

These setting apply to all instances of the selected solver.  Changing a setting in one of the instances changes the setting in all instances.  If you only want to change one of the solvers, but not the others, you must make a copy of the solver.  The copy will be a different solver, and a number will be added at the end of the name to differentiate it from the original.

Behavior

This option determines which outputs are calculated.  Effectively turning off either the Long or Short output.

Channel Parameters

Output


Options tab

Options tab



This tab contains extra secondary settings common to all nodes.

Weight

Weight



Description

Description

This text area provides a place to write a full description of what the node is doing, used for, or what ever you want.
Note:   The Description is global to all instances of the node.  It is not applied individually to each instance as the Weight controls are.



Help tab

Help tab



This tab displays the documentation page (from this web site) of the selected node.
Please note:  NinjaTrader v8.0.26.0 or newer is required for the built in web viewer to work, and thus the documentation to be displayed.




Video Tutorial

This video is from our weekly Workshop on July 11, 2024.
For more benefit please watch in full screen mode, as this video is recorded in HD.



Examples

The screenshots below show BloodHound v1, however the settings and usage are still the same.

Example 1A: The Basics

This demonstrates the basic function of the Regression Channel Position solver, and how Long & Short Output Zones are inverted. When Zone B is set to 1 and price is between the upper quarter line and Upper channel line the Long output is 1. The reverse is true for the Short side, because the Output Zones are inverted. Therefore when price is between the lower quarter line and Lower channel line (Zone B for the Short side) the Short output is 1.

  • Add the Regression Channel Position solver
  • Set Output Zone A & B to 1
  • Set Output Zone C, D, E, & F to 0


As seen in the top chart, when price enters the Long Output Zone B the solver outputs 1 to the Long side.  In the bottom chart you will notice that the Zones are reversed.  Thus, when price enters the Short Output Zone B the solver outputs 1 to the Short side.






Example 1B: The Basics

This second part will illustrate using the lower portion of the Output Zones.

  • Add the Regression Channel Position solver
  • Set Output Zone B, C, & D to 0


As seen in the top chart, when price enters the Long Output Zone E the solver outputs 1 to the Long side.  In the bottom chart, when price enters the Short Output Zone E the solver outputs 1 to the Short side.






Example 2: Channel Entry & Exit

In this example we will generate a Long signal when price is near the bottom channel line and the channel is sloping up, also a Short signal when price is near the upper channel line and the channel is sloping down.

  • Add the Regression Channel Position solver, and use the setting as shown above
  • Add the Indicator Threshold solver
  • Set Thresholds A & B to 0.35
  • Set Thresholds C & D to -0.35
  • Set Long Output: At A to 1
  • Set Short Output: At D to 1


Below we see two charts side by side, demonstrating the minimum slope requirement of the Regression Channel for a Long & Short output that the Indicator Threshold provides.  Note that the Regression Channel Position solver is not checked for this image.


With the Regression Channel Position solver checked, the charts below show signals when the minimum slope is obtained and price is near one of the outer channel lines.








BloodHound   v1



This section is specific to BloodHound v1.  Scroll up for BloodHound v2.

Regression Channel Position Solver


The Regression Channel Position solver analyzes the relative position of price to the Regression Channel lines.  The Regression Channel is divided into 6 zones (A-F).  4 zones are inside the channel, and 2 zones are outside the channel.  Output Zones for the Long side start above the Upper channel line with Zone A and descend.  Output Zones for the Short side start below the Lower channel line with Zone A and ascend.  See the examples below for a visual explanation.

Parameters

Channel Parameters

Output



Video Tutorial

This video is from our weekly Workshop on Aug 22nd, 2012.
For more benefit please watch in full screen mode, as this video is recorded in HD.



Examples


Example 1A: The Basics

This demonstrates the basic function of the Regression Channel Position solver, and how Long & Short Output Zones are inverted. When Zone B is set to 1 and price is between the upper quarter line and Upper channel line the Long output is 1. The reverse is true for the Short side, because the Output Zones are inverted. Therefore when price is between the lower quarter line and Lower channel line (Zone B for the Short side) the Short output is 1.

  • Add the Regression Channel Position solver
  • Set Output Zone A & B to 1
  • Set Output Zone C, D, E, & F to 0


As seen in the top chart, when price enters the Long Output Zone B the solver outputs 1 to the Long side.  In the bottom chart you will notice that the Zones are reversed.  Thus, when price enters the Short Output Zone B the solver outputs 1 to the Short side.






Example 1B: The Basics

This second part will illustrate using the lower portion of the Output Zones.

  • Add the Regression Channel Position solver
  • Set Output Zone B, C, & D to 0


As seen in the top chart, when price enters the Long Output Zone E the solver outputs 1 to the Long side.  In the bottom chart, when price enters the Short Output Zone E the solver outputs 1 to the Short side.





Example 2: Channel Entry & Exit

In this example we will generate a Long signal when price is near the bottom channel line and the channel is sloping up, also a Short signal when price is near the upper channel line and the channel is sloping down.

  • Add the Regression Channel Position solver, and use the setting as shown above
  • Add the Indicator Threshold solver
  • Set Thresholds A & B to 0.35
  • Set Thresholds C & D to -0.35
  • Set Long Output: At A to 1
  • Set Short Output: At D to 1


Below we see two charts side by side, demonstrating the minimum slope requirement of the Regression Channel for a Long & Short output that the Indicator Threshold provides.  Note that the Regression Channel Position solver is not checked for this image.


With the Regression Channel Position solver checked, the charts below show signals when the minimum slope is obtained and price is near one of the outer channel lines.








Regression Channel Position Solver


The Regression Channel Position solver analyzes the relative position of price to the Regression Channel lines.  The Regression Channel is divided into 6 zones (A-F).  4 zones are inside the channel, and 2 zones are outside the channel.  Output Zones for the Long side start above the Upper channel line with Zone A and descend.  Output Zones for the Short side start below the Lower channel line with Zone A and ascend.  See the examples below for a visual explanation.

Parameters

Channel Parameters

Output



Video Tutorial

This video is from our weekly Workshop on Aug 22nd, 2012.
For more benefit please watch in full screen mode, as this video is recorded in HD.



Examples


Example 1A: The Basics

This demonstrates the basic function of the Regression Channel Position solver, and how Long & Short Output Zones are inverted. When Zone B is set to 1 and price is between the upper quarter line and Upper channel line the Long output is 1. The reverse is true for the Short side, because the Output Zones are inverted. Therefore when price is between the lower quarter line and Lower channel line (Zone B for the Short side) the Short output is 1.

  • Add the Regression Channel Position solver
  • Set Output Zone A & B to 1
  • Set Output Zone C, D, E, & F to 0


As seen in the top chart, when price enters the Long Output Zone B the solver outputs 1 to the Long side.  In the bottom chart you will notice that the Zones are reversed.  Thus, when price enters the Short Output Zone B the solver outputs 1 to the Short side.






Example 1B: The Basics

This second part will illustrate using the lower portion of the Output Zones.

  • Add the Regression Channel Position solver
  • Set Output Zone B, C, & D to 0


As seen in the top chart, when price enters the Long Output Zone E the solver outputs 1 to the Long side.  In the bottom chart, when price enters the Short Output Zone E the solver outputs 1 to the Short side.





Example 2: Channel Entry & Exit

In this example we will generate a Long signal when price is near the bottom channel line and the channel is sloping up, also a Short signal when price is near the upper channel line and the channel is sloping down.

  • Add the Regression Channel Position solver, and use the setting as shown above
  • Add the Indicator Threshold solver
  • Set Thresholds A & B to 0.35
  • Set Thresholds C & D to -0.35
  • Set Long Output: At A to 1
  • Set Short Output: At D to 1


Below we see two charts side by side, demonstrating the minimum slope requirement of the Regression Channel for a Long & Short output that the Indicator Threshold provides.  Note that the Regression Channel Position solver is not checked for this image.


With the Regression Channel Position solver checked, the charts below show signals when the minimum slope is obtained and price is near one of the outer channel lines.