Is there a way in PRT to determine the slope and starting point from the standard PRT-Linear Regression function ?
If so, it would be possible to determine the next point and make a line with a lag of -1 as suggested by the “Leavitt projection” (?)
Any suggestions appreciated, Jan Wind
• Leavitt projection
Mathematicians call the process of finding the line linear regression. If you were an engineer, you would say this was a least
square’s fit of a straight line to a set of N data points (Figure 1).
Then the line is extrapolated one point. In contrast with moving
averages, which signal their information sometime in the past,
this extrapolation represents the value of the market in the next
trading session. Unlike moving averages, which have positive
lag, the Leavitt projection has a negative lag of -1.
• Leavitt convolution
The Leavitt convolution is the extrapolation of the square root
of Leavitt projections. It is an extrapolation of extrapolations
.
