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Re: Slope



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I use a slope indicator posted by Dimitris Tsokakis that is very 
leading when ploted on a minute chart..and you usually go against it 
in any time period at your own risk. It is one of the best I have 
used. Hope this is what your needing. Bruno

/*Relative Slope*/
/*by Dimitris Tsokakis*/
K=EMA((H+L+C)/3,10);
S1=3*(K-Ref(K,-1))/(K+Ref(K,-1));
RS=100*EMA(S1,3);
Graph0Color = 4;
Graph0=RS;







--- In amibroker@xxxx, "mylittlemale" <caeriel1@xxxx> wrote:
> I'm really new to the wonderful world of charting and I'm finally 
> getting a handle (I think) on some of the indicators. There's one 
> piece of information I'd like to know about the plots of indicators 
> that I can't figure out and that's the slope of the line between 
any 
> two points (p1 and p2) .
> 
> The equation of a line in the slope intercept form is: y = mx + b
> Where b is the y-intercept and m is the slope of the line 
connecting 
> those two points.
> 
> Anyone have any idea how I can get the slope from an indicator 
plot??
> 
> cathy






  • References:
    • Slope
      • From: mylittlemale