Angle of ascent/descent

["Maurice Cruz" <mpc@xxxxxxxxxxxxxxxxx>]

Nick,
 
I also look at angle of ascent/descent as a factor in my 
trading. 
Unfortunately, I don't have a way of coding this into a 
exploration, but I would like to share with you how I measure the angle in case 
you might find it useful. 
 
In my case, I use the Linear <FONT 
face=Arial>Regression tool. I look at a  stock's price history to find 
periods where it went into a steep dive. I draw a linear regression on the dive. 
Then I copy the regression line and use this as a kind of benchmark to measure 
future dives. To check if this is the "right" angle for this stock, I 
superimpose the copy of the line on other steep price dives in the stock's 
history. I may adjust the angle slightly to get a better overall fit. 

 
In most cases, when the stock starts to dive at the same 
angle--meaning I can apply the previous regression line with a good fit--then I 
know a setup is in the making and history is repeating itself. 

 
Unfortunately, I don't know how to translate a particular 
line into a code
for and exploration. So if you get some helpful tips, 
please pass on the info. 
 
Hope this helps,
Maurice
 
P.S. I use the same method for measuring the angle of 
ascent for a selling climax. 
 
 
 
 
 
----- Original Message ----- 
<BLOCKQUOTE dir=ltr 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  <BLOCKQUOTE dir=ltr 
  style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
    <BLOCKQUOTE dir=ltr 
    style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
      <DIV 
      style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
      <A title=nick.channon@xxxxxxxxxxxxx 
      href="mailto:nick.channon@xxxxxxxxxxxxx";>Nick Channon 
      To: <A title=metastock@xxxxxxxxxxxxx 
      href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx 
      Sent: Tuesday, January 08, 2002 5:57 
      AM
      Subject: Angle of 
ascent/descent
      
      Hi, could anyone please tell me the best way 
      to determine the angle of ascent or descent of an indicator? I've tried 
      comparing the values over the last few bars, but this seems a clumsy way 
      of achieving it.
       
      I'm interested to detect significant changes 
      in the angle of ascent / descent.
       
      Many thanks,
      <FONT face=Arial 
size=2>Nick