I haven’t written a blog post in ages but I am finished my exams now and have more time to put my studies to work. I wanted to share how easy it is to get started with R and to produce some simple charts.
To do a simple regression and a chart with bollinger bands, install R and R studio. Paste the code into an R studio window and run.
This piece needs to be run once only:
mydata = Quandl(c(“CME/ESU2016”), start_date = “2016-01-01”);
ggplot(mydata, aes(x=Date, y=Settle)) +
geom_point(shape=1) + # Use hollow circles
geom_smooth(method=lm) # Add linear regression line
# (by default includes 95% confidence region)
This produces a simple linear regression with confidence interval:
The quantmod package is nice and it works simply:
chartSeries(GSPC, subset=’last 3 months’)
addBBands(n = 20, sd = 2, ma = “SMA”, draw = ‘bands’, on = -1)
This should produce:
To make the regression focus period shorter you need to run the first 3 lines of the load data block to import the data before running the rest to draw the regression chart.
Here are some sources of info:
This book is great:
as is this resource on forecasting https://www.otexts.org/book/fpp