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Just an observation, without looking into this too deeply. Some
computer programs return an angle between -180 and +180 in stead of 0
to 360, so it could be possible to get negatives.
Regards
MG Ferreira
TsaTsa EOD Programmer and trading model builder
http://www.ferra4models.com
http://fun.ferra4models.com
--- In equismetastock@xxxxxxxxxxxxxxx, Dusant <cooldush@xxxx> wrote:
> Krishna,
>
> There is something positively wrong with your observations. atan
(tangent) gives an angle. Which would be between 0 and 360 degrees.
>
> So how do you get negative numbers?
>
> Dusant
> http://www.geocities.com/cooldush
> ----- Original Message -----
> From: murali krishna venkata puppala
> To: equismetastock@xxxx
> Sent: Sunday, July 10, 2005 12:30 AM
> Subject: [EquisMetaStock Group] atan indicator
>
>
> i am observing an indicator from days
>
> the formula for which is as follows
>
> atan(ref(low,-67),high)-1
> you can give the average of 34 for the anove indicator
>
> 67 can be replaced by any other indicator dividing number of
trading hours
> by five on five min chart
>
> overbought and over sold conditions can be set
>
> levels to observe are .5 .648 .382 0 -05 -.648 .-382 +1 -1
>
> if one level is crossed you can observed other levels are crossed
> you can wath this with 34 moving average of price
>
> feedback appreciated
>
> krishnapvm
>
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