Re: Angle of ascent / descent

[Bob Fulks <bfulks@xxxxxxxxxxxx>]

At 10:51 AM -0500 7/30/01, Gerald Marisch wrote:

>Is there a way of defining the angle of ascent or descent of a moving
>average considering the last "x" number of periods?

I am not clear what you mean by "angle of ascent or descent" but you
can calculate rise-over-run by something like:

    Input: x(10), Length(15);
    Vars: Avg(Close), RiseORun(0);

    Avg = XAverage(Close, Length);

    RiseORun = (Avg - Avg[x]) / x;

The dimensions of this are BigPoints / Bars so you might need to scale
it to some more meaningful value.

Bob Fulks