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Anthony- Did you see my response to DT's post? This is not a matter
of opinion, the formula is being misapplied.
Mark
--- In amibroker@xxxxxxxxxxxxxxx, "Anthony Faragasso" <ajf1111@xxxx>
wrote:
> I would like to thank Dimitri for lending a second pair of
eyes....and checking over the formula for Trendline with Degree
output.....
>
> Anthony
> ----- Original Message -----
> From: DIMITRIS TSOKAKIS
> To: 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@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);
> > >
> > >
> > >
> > >
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