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PureBytes Links
Trading Reference Links
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The trig ratios like
sin cosine and tangent are dimensionless, i.e. pure numbers.
<FONT face=Arial
size=2>
The slope of a roc
or trend line is not dimensionless, they have dimensions of price/time; hence we
cannot convert roc or slopes of trend lines of a stock chart into
degrees.
<FONT face=Tahoma
size=2>-----Original Message-----From: Fulvio
[mailto:amicone77@xxxxxxxx] Sent: Saturday, May 22, 2004 5:55
PMTo: Metastockusers@xxxxxxxxxxxxxxxSubject: Re:
[Metastockusers] Line inclination
for example, I need a formula to
calculate the line's degree of the last 5 periods in my daily
charts
atan (c, ???)
Thanks,
Fulvio
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Tony
To: <A
title=Metastockusers@xxxxxxxxxxxxxxx
href="">Metastockusers@xxxxxxxxxxxxxxx
Sent: Saturday, May 22, 2004 9:44
AM
Subject: Re: [Metastockusers] Line
inclination
On Fri, 21 May 2004 23:31:55 +0200, you wrote:>thanks for
that, but it\'s too simple and i know that>you know that this equation
of first degree>will return only number but not the degree>for
example:>x axis 20/5/2004 versus 21/5/2004 is like
30157 vs 30158>y axis 150 euro versus 154
euro>y=ax+b>a is the inclination >a= y/x
>1- I need the formula to convert in degree (i think that is arctangent
but>i\'m not shure)Yes.Atan(Delta Price, Delta Time)It can
be found under math & trig
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