|
PureBytes Links
Trading Reference Links
|
Thanks, Anthony. I hadn't seen your message.
It works great! However, initially all my degrees showed up as
zeros. I had to multiply the 3 degree lines with 1000 because most
Forex rates are quoted in 1000s (e.g., EURUSD 1.1631).
Gernot
--- In amibroker@xxxxxxxxxxxxxxx, "Anthony Faragasso" <ajf1111@xxxx>
wrote:
> Gernot
>
> I posted this several days ago... Radians to Degrees....It uses
Moving averages and gives the angle of Ascent or descent.
>
> //Radians to Degrees
>
> //Anthony Faragasso
>
> //June 13,2003
>
> ema1period=Param("ema1Period",4,4,9,1);
>
> EMA2period=Param("ema2Period",9,9,20,1);
>
> EMA3period=Param("ema3Period",20,20,28,1);
>
> SlopePeriods=Param("SlopePeriods",10,2,25,1);
>
> PI=3.14159;
>
> Array=C;
>
> Var1=EMA(array,EMA1period);
>
> Var2=EMA(array,EMA2period);
>
> Var3=EMA(array,EMA3period);
>
> EMAFast=LinRegSlope(Var1,SlopePeriods);
>
> EMAMedium=LinRegSlope(Var2,SlopePeriods);
>
> EMASlow=LinRegSlope(Var3,SlopePeriods);
>
> Radians=atan(EMAFast);//radians
>
> Radians2=atan(EMAMedium);
>
> Radians3=atan(EMASlow);
>
> degrees=Radians*(180/PI);//Degrees
>
> degrees2=Radians2*(180/PI);
>
> degrees3=Radians3*(180/PI);
>
>
>
> Plot(Var1,"emaFast",colorRed,styleLine);
>
> Plot(Var2,"emaMedium",colorBlue,styleLine);
>
> Plot(Var3,"emaSlow",colorYellow,styleLine);
>
> Plot(C,"",colorBlack,styleLine);
>
> Title=Name()+"..."+Date()+"\n"+"Based on ( "+WriteVal
(slopeperiods,1)+" ) period LinearRegSlope of Variable "+"\n"+"The
( "+WriteVal(EMA1period,1)+ " ) period EMA is moving "+WriteIf
(degrees > 0,"UP ","Down ")+"( "+WriteVal(degrees,1)+" )"+"
Degrees"+"\n"+"The ( "+WriteVal(EMA2period,1)+ " ) period EMA is
moving "+WriteIf(degrees2 > 0,"UP ","Down ")+"( "+WriteVal
(degrees2,1)+" )"+" Degrees"+"\n"+"The ( "+WriteVal(EMA3period,1)
+ " ) period EMA is moving "+WriteIf(degrees3 > 0,"UP ","Down ")
+"( "+WriteVal(degrees3,1)+" )" +" Degrees";
>
> ----- Original Message -----
> From: taotra
> To: amibroker@xxxxxxxxxxxxxxx
> Sent: Wednesday, June 18, 2003 9:08 AM
> Subject: [amibroker] Re: Trendline with Degree output
>
>
> Graham,
>
> I agree with your assessment of price changes and slopes across
many
> different stocks. However, I daytrade Forex (primarily 5
currency
> pairs) in real-time on 10-min charts. A degree angle of MAs
would
> be very useful to me as a quick indicator of where things are
going
> because of the many minitrends, retracements, and consolidations
> throughout a single trading day.
>
> Gernot
>
> --- In amibroker@xxxxxxxxxxxxxxx, "Graham" <gkavanagh@xxxx>
wrote:
> > As a genberal topic discussing relative moves of stock prices
and
> trend
> > strengths
> > I prefer to use price unit per time period and through my
> investigation of
> > many charts I have found that this "slope" varies between
> different stocks,
> > and within a stock for the different price ranges. What might
be
> normal
> > slope for one stock could be either fast or slow for another.
The
> strength
> > of the move for a stock can also be dependant on the overall
price
> > behaviour. An example would be that if there has been a
> considerable
> > accumulation pattern the initial move, when it does happen,
will
> often be
> > fast and short lived. Then as the "traders" move out the
investors
> will make
> > the moves and pace will slow down. These moves can be either
> direction.
> > I have set up a small line on my charts to give me what could
be
> termed the
> > "average slope" for that stock in recent times. I can then
place
> the gann
> > fan over this using the line as the 100% (1:1 line) and move
the
> fan to the
> > recent turning point to provide a visual aid on the
progression of
> the move.
> > This is in its own indicator chart panel for this purpose.
> >
> > Cheers,
> > Graham
> > http://groups.msn.com/ASXShareTrading
> > http://groups.msn.com/FMSAustralia
> >
> >
> > -----Original Message-----
> > From: taotra [mailto:ggoll@x...]
> > Sent: Wednesday, 18 June 2003 7:27 PM
> > To: amibroker@xxxxxxxxxxxxxxx
> > Subject: [amibroker] Re: Trendline with Degree output
> >
> >
> > Personally, I find the angle output very useful because it's
an
> easy
> > to understand indicator of trend strength regardless of the
time
> > frame. For example, a 60 degree angle of a trendline (strong
> trend)
> > on a 4-hour chart can look almost flat on a 1-min chart
(zoomed).
> > The fact that the angle remains the same, makes it easy when
> looking
> > across different time periods.
> >
> > In addition, however, can't an angle measure be useful with
MAs as
> a
> > measure of trend strength or consolidation? Let's say a 20-
period
> > MA is rising in a stairstep fashion. The average degree of
that
> > rise (from an imaginary horizontal zero line) over 10-, 20-,
or 50
> > periods would show how strong the trend is. Similarly, when
in
> > consolidation an MA may bounce around the flatline in a zigzag
> > fashion over x periods. A low average degree (of deviation
from
> > zero) would indicate consolidation. Obviously, using angles
with
> > MAs is time-frame dependent.
> >
> > Gernot
> >
> > --- In amibroker@xxxxxxxxxxxxxxx, "DIMITRIS TSOKAKIS"
> > <TSOKAKIS@xxxx> wrote:
> > > Anthony,
> > > I agree, the angle output ( value ) in the title will not
> change. The
> > > question is the further use of the angle. The only purpose is
> > to
> > > know the angle, it can not go further. If it is "attractive"
to
> > know
> > > the angle, it is OK, there is no need to change anything...
Do
> the
> > > readers think the same way ? Is it easy for the average
> > user
> > > to hanlde a result angle=45 deg, the same moment he sees a
20deg
> > on
> > > his chart ? These are my personal hesitations and I avoid
using
> > angle
> > > at all. But, if you like it, no problem at all !!
> > > DT
> > > --- In amibroker@xxxxxxxxxxxxxxx, "Anthony Faragasso"
> > <ajf1111@xxxx>
> > > wrote:
> > > > Dimitri,
> > > >
> > > > Thank you for the input...( actually I was hoping for your
> > > comments , Thank you) ....I will make the adjustment to the
> > formula
> > > and re-post.....
> > > >
> > > > As for the angle view in respect to the zoom
factor...Granted ,
> > on
> > > the screen , when zoomed in or out the angle perspective
will
> > > change .....But ...the angle output ( value ) in the title
will
> > not
> > > change when the chart is zoomed in or out.....Therefore, the
> angle
> > of
> > > ascent or descent will be known......( is this a correct
> > > assumption ) .
> > > >
> > > > Anthony
> > > > ----- Original Message -----
> > > > From: DIMITRIS TSOKAKIS
> > > > To: amibroker@xxxxxxxxxxxxxxx
> > > > Sent: Tuesday, June 17, 2003 7:19 PM
> > > > Subject: [amibroker] Re: Trendline with Degree output
> > > >
> > > >
> > > > Anthony,
> > > > you do not really need LinRegSlope.
> > > > In the straight line equation
> > > > trendline = aS * ( x -endbar ) + bS;
> > > > aS is the slope, ie the tangent of the angle [in
radians] and
> > > > atan(aS) would be directly your "myradian"
> > > > myradian=atan(aS);
> > > > Then you may transform it to deg.
> > > > As for the use : We do not read real angles in amibroker
> > charts,
> > > a
> > > > pi/3 angle will look like pi/4 or pi/6 according to
zoom.
> > > > aS alone could do the job, ie aS1>0 for positive slope or
> > aS1>aS2
> > > for
> > > > correlations [useful for wedges, for example...].
> > > > aS is the tangent function of the angle and, from a math
> > > property,
> > > > angle inequalities go 1 to 1 with tangent inequalities,
> > > consequently
> > > > you will miss nothing .
> > > > --- In amibroker@xxxxxxxxxxxxxxx, "Anthony Faragasso"
> > > <ajf1111@xxxx>
> > > > wrote:
> > > > > Thanks Mark.....I am looking into it.....
> > > > >
> > > > > Anthony
> > > > > ----- Original Message -----
> > > > > From: MarkF2
> > > > > To: amibroker@xxxxxxxxxxxxxxx
> > > > > Sent: Tuesday, June 17, 2003 3:20 PM
> > > > > Subject: [amibroker] Re: Trendline with Degree output
> > > > >
> > > > >
> > > > > Anthony- really nice, but I think there's a bug
> > somewhere.
> > > > Comparing
> > > > > QQQ with NDX, I got slopes of 4 and 72 degrees
> > respectively,
> > > even
> > > > > though both trendlines were 27 days and the slopes
> looked
> > the
> > > > same.
> > > > >
> > > > > Mark
> > > > >
> > > > > --- In amibroker@xxxxxxxxxxxxxxx, "Anthony
Faragasso"
> > > > <ajf1111@xxxx>
> > > > > wrote:
> > > > > > //Automatic Support Trendline With Degrees
> > > > > >
> > > > > > //Anthony Faragasso, 2003
> > > > > >
> > > > > > x = Cum(1);
> > > > > >
> > > > > > per =Param("Percent",2,0.01,3,0.01);// Sensitivity
> > setting
> > > > > >
> > > > > > s1=L;//Array
> > > > > >
> > > > > > EndValue1 = LastValue( Trough( s1, per, 1 ) );
> > > > > >
> > > > > > startvalue = LastValue( Trough( s1, per, 2 ) );
> > > > > >
> > > > > > endbar = LastValue( ValueWhen( s1 == EndValue1, x,
> 1 ) );
> > > > > >
> > > > > > startbar = LastValue( ValueWhen( s1 == startvalue,
x,
> > 1 ) );
> > > > > >
> > > > > > aS = (EndValue1-startvalue)/(endbar-startbar);
> > > > > >
> > > > > > bS = EndValue1;
> > > > > >
> > > > > > trendline = aS * ( x -endbar ) + bS;
> > > > > >
> > > > > > //-----------------------------------//
> > > > > >
> > > > > > // Conversion to Degrees //
> > > > > >
> > > > > > //-----------------------------------//
> > > > > >
> > > > > > pi=4*atan(1);
> > > > > >
> > > > > > time=endbar-startbar;
> > > > > >
> > > > > > myslope=LinRegSlope(trendline,time);
> > > > > >
> > > > > > myradian=atan(myslope);
> > > > > >
> > > > > > mydegree=myradian*(180/PI);//Degrees
> > > > > >
> > > > > > //-------------------------------------//
> > > > > >
> > > > > > Plot(C,"close",colorBlack,styleCandle);
> > > > > >
> > > > > >
> > > > > Plot(IIf(x>startbar-5,trendline,-
> > > > 1e10),"Trendline",colorYellow,styleLine);
> > > > > >
> > > > > > direction=WriteIf(mydegree >= 0 AND mydegree <=
> > 0.99,"Flat
> > > > > > ",WriteIf(mydegree > 0 ,"Rising ",WriteIf(mydegree
<
> > > > 0 , "Falling ",
> > > > > "")));
> > > > > >
> > > > > > DirectionColor=LastValue(IIf(mydegree >
> > > > > 0,colorBrightGreen,IIf(mydegree < 0,
> > > > > > colorRed,IIf(mydegree >= 0 AND mydegree <=
> > > > 0.99 ,colorYellow,Null))));
> > > > > >
> > > > > > Title=Name()+"..."+Date()+"\n"+"TRENDLINE is
> > > > > > "+EncodeColor(directioncolor)+direction+EncodeColor
> > > (colorBlack)
> > > > +"at
> > > > > "+"( "+
> > > > > > WriteVal(mydegree,1)+" )"+" Degrees";
> > > > > >
> > > > > >
> > > > > >
> > > > > > //plotting ( x, y ) grid
> > > > > >
> > > > > > Plot
> > (startbar==x,"",colorRed,styleHistogram|styleOwnScale);
> > > > > >
> > > > > > Plot(ValueWhen
(startbar==x,Low),"",colorRed,styleLine);
> > > > > >
> > > > > > //-----------------------------------//
> > > > > >
> > > > > > // Automatic Anlaysis window Output //
> > > > > >
> > > > > > //-----------------------------------//
> > > > > >
> > > > > > // Settings : //
> > > > > >
> > > > > > // n last quotations and n=1 //
> > > > > >
> > > > > > // explore //
> > > > > >
> > > > > > //-----------------------------------//
> > > > > >
> > > > > > Filter=mydegree > 0 OR mydegree <0;
> > > > > >
> > > > > > AddColumn(mydegree,"Degree",1);
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > > ---
> > > > > > Outgoing mail is certified Virus Free.
> > > > > > Checked by AVG anti-virus system
> > (http://www.grisoft.com).
> > > > > > Version: 6.0.489 / Virus Database: 288 - Release
Date:
> > > 6/10/2003
> > > > >
> > > > >
> > > > > Yahoo! Groups Sponsor
> > > > >
> > > > >
> > > > >
> > > > >
> > > > > Send BUG REPORTS to bugs@xxxx
> > > > > Send SUGGESTIONS to suggest@xxxx
> > > > > -----------------------------------------
> > > > > Post AmiQuote-related messages ONLY to:
> > > amiquote@xxxxxxxxxxxxxxx
> > > > > (Web page:
> > http://groups.yahoo.com/group/amiquote/messages/)
> > > > > --------------------------------------------
> > > > > Check group FAQ at:
> > > >
http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> > > > >
> > > > > Your use of Yahoo! Groups is subject to the Yahoo!
Terms
> > of
> > > > Service.
> > > > >
> > > > >
> > > > > ---
> > > > > Outgoing mail is certified Virus Free.
> > > > > Checked by AVG anti-virus system
> (http://www.grisoft.com).
> > > > > Version: 6.0.489 / Virus Database: 288 - Release
Date:
> > > 6/10/2003
> > > >
> > > >
> > > > Yahoo! Groups Sponsor
> > > > ADVERTISEMENT
> > > >
> > > >
> > > >
> > > >
> > > >
> > > > Send BUG REPORTS to bugs@xxxx
> > > > Send SUGGESTIONS to suggest@xxxx
> > > > -----------------------------------------
> > > > Post AmiQuote-related messages ONLY to:
> > amiquote@xxxxxxxxxxxxxxx
> > > > (Web page:
http://groups.yahoo.com/group/amiquote/messages/)
> > > > --------------------------------------------
> > > > Check group FAQ at:
> > > http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> > > >
> > > > Your use of Yahoo! Groups is subject to the Yahoo! Terms
of
> > > Service.
> > > >
> > > >
> > > > ---
> > > > Outgoing mail is certified Virus Free.
> > > > Checked by AVG anti-virus system
(http://www.grisoft.com).
> > > > Version: 6.0.490 / Virus Database: 289 - Release Date:
> > 6/16/2003
> >
> >
> >
> > Send BUG REPORTS to bugs@xxxx
> > Send SUGGESTIONS to suggest@xxxx
> > -----------------------------------------
> > Post AmiQuote-related messages ONLY to:
amiquote@xxxxxxxxxxxxxxx
> > (Web page: http://groups.yahoo.com/group/amiquote/messages/)
> > --------------------------------------------
> > Check group FAQ at:
> > http://groups.yahoo.com/group/amibroker/files/groupfaq.html
> >
> > Your use of Yahoo! Groups is subject to
> http://docs.yahoo.com/info/terms/
>
>
> Yahoo! Groups Sponsor
>
>
>
>
> Send BUG REPORTS to bugs@xxxx
> Send SUGGESTIONS to suggest@xxxx
> -----------------------------------------
> Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
> (Web page: http://groups.yahoo.com/group/amiquote/messages/)
> --------------------------------------------
> Check group FAQ at:
http://groups.yahoo.com/group/amibroker/files/groupfaq.html
>
> Your use of Yahoo! Groups is subject to the Yahoo! Terms of
Service.
>
>
> ---
> Outgoing mail is certified Virus Free.
> Checked by AVG anti-virus system (http://www.grisoft.com).
> Version: 6.0.490 / Virus Database: 289 - Release Date: 6/16/2003
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Wireless Video Surveillance
http://us.click.yahoo.com/jWIEhC/90OGAA/ySSFAA/GHeqlB/TM
---------------------------------------------------------------------~->
Send BUG REPORTS to bugs@xxxxxxxxxxxxx
Send SUGGESTIONS to suggest@xxxxxxxxxxxxx
-----------------------------------------
Post AmiQuote-related messages ONLY to: amiquote@xxxxxxxxxxxxxxx
(Web page: http://groups.yahoo.com/group/amiquote/messages/)
--------------------------------------------
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|