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Xuanling, the gradient of any plot is always subjective - it depends on
the x-axis' (time/date) settings. Apart from 0 degrees (flat), it is not
possible to measure any plot gradient objectively.
Take a look at these indicators below from
http://www.metastocktools.com/#metastock :
EMA-slope - EMA synthetic slope indicator.
LinReg formulae - Linear Regression Indicator/Slope formulae.
LinReg Slope - Linear Regression synthetic slope, displays output in
0~100% or 0~90 degrees.
jose '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, "CXL2" <cxl2@xxx> wrote:
>
> Hi,
> I will like to compute the gradient of Moving Average (or data array)
> for a given period. Based on the gradient, I can know whether the
> moving average is how steep or flat it is and its direction within a
> given period. Is there anyway of doing so?
>
> Thanks alot!
>
> Xuanling
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