How do I take One Point of Linear Regression Slope and Have it divide it by closing price of that candle

[uunnamed]

It's my first time trying to write a script but I Just can't figure it out how it works

I am trying to use the default LinearRegressionSlope script on tos
and have it divide by the closing price on the 1minute-time frame

The trouble I face is that the default script is set for a length of time,
Instead of 1 minute value

And I just need to use that 1minute value to divide by price

Sorry if it is unclear,
Thanks for the help

 

[halcyonguy]

It's my first time trying to write a script but I Just can't figure it out how it works

I am trying to use the default LinearRegressionSlope script on tos
and have it divide by the closing price on the 1minute-time frame

The trouble I face is that the default script is set for a length of time,
Instead of 1 minute value

And I just need to use that 1minute value to divide by price

Sorry if it is unclear,
Thanks for the help

hello and welcome.
questions about a code that you don't post, are hard to answer.
don't be bashful, post the code you have.

what 1 minute value you want to read? every bar ? or just the last bar?
the plot of LRS has a value on every bar, in a lower chart.

# LinearRegressionSlope

declare lower;

input price = close;
input length = 14;

Assert(length > 1, "'length' must be greater than one: " + length);

plot LRS = 6 * ( wma(price, length) -  Average(price, length) ) / (length - 1);
plot ZeroLine = 0;

LRS.setDefaultColor(getColor(8));
ZeroLine.setDefaultColor(getColor(5));

 

[uunnamed]

hello and welcome.
questions about a code that you don't post, are hard to answer.
don't be bashful, post the code you have.

what 1 minute value you want to read? every bar ? or just the last bar?
the plot of LRS has a value on every bar, in a lower chart.

# LinearRegressionSlope

declare lower;

input price = close;
input length = 14;

Assert(length > 1, "'length' must be greater than one: " + length);

plot LRS = 6 * ( wma(price, length) -  Average(price, length) ) / (length - 1);
plot ZeroLine = 0;

LRS.setDefaultColor(getColor(8));
ZeroLine.setDefaultColor(getColor(5));

I think I figured it out lol
I was dividing it by the wrong unit