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Hi All,
I want to calculate the slope of the tangent line at the crossing
point of 2 moving averages. Suppose there are 2 MAs, 10wma and 20
wma. K10wma = the slope of the line tangent to the 10wma at the
crossing point.
K10wma = (A1P1-A2P2-A3P3+A4P4)*n, where a is a constant,
P4 = the value of 10 wma at the crossing point,
P3 = the value at the point just before the crossing point,
P2 = the value at the point before P3,
P1 = the value at the point before P2,
and n = the coefficient of the prices at the y-axis.
I need to stress that `P' is the value of a specific point on
the wma, not the actual close price of the stock at the
corresponding time.
My question is: if I use a 5-minute real-time chart, then how can I
use AFL to calculate the value of P?
Any help is appreciated.
Robert
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