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I would like to thank Dimitri for lending a second
pair of eyes....and checking over the formula for Trendline with Degree
output.....
Anthony
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
DIMITRIS
TSOKAKIS
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Thursday, June 19, 2003 4:19
AM
Subject: [amibroker] Re: Trendline with
Degree output
The angle of QQQ *is* 4deg, the angle of ^NDX *is* 72deg
and the formula *is* correct.See also #3825 message.DT--- In
amibroker@xxxxxxxxxxxxxxx,
"Anthony Faragasso" <ajf1111@x...>
wrote:> Thanks Mark.....I am looking into it.....> >
Anthony> ----- Original Message ----- >
From: MarkF2 > To: <A
href="">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);> > >
> > > > > >
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