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This is not intended as an answer, but more as a suggestion of a
direction as I have been trying to use angles on trend lines as well. If
you know the two values (end points) of the line eg today and x days
ago, then the arc tan function will return a value in radians. This can
be used directly or converted to degrees.
Ron
drakov2002 wrote:
> Is there an indicator that gives the +/- angle of a trendline?
> For example a 25 day exponential moving average or an adaptive
> moving average.
> I have looked at several trendline score indicators
> but they seem to have a lag.
> After the line starts pointing up it is still showing a minus score
> for quite a while and after the line starts pointing down it still
> shows a plus score for a while .
> Also the angle would be better than a score as you could wait for -
> 5 or -10 degrees before you exited.
> It would also help with the entry.
> I have done several backtests where the trendlines of some of the
> stocks selected were still pointing downwards to the naked eye.
>
>
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