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They probably use an inverse tangent function. It goes like this:
Tan (Angle) = y/x where y = verticle displacement(price) and x = horizontal
displacement(time).
To get the angle the inverse tangent function is used: Angle = Tan(-1)
(y/x);
If afraid that probably doesn't help much.
Jim Bronke
Phoenix, AZ
----- Original Message -----
From: "Jody Ellis" <ellis_jody@xxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Saturday, October 27, 2001 9:43 PM
Subject: Angles
:
: Hi, would anybody know how to measure the angle between two prices on a
: chart? For example, say I drew a line from today's close and yesterday's
: close, how can I determine it's geometric angle?
:
: I'm sure there is a simple solution. I have looked through the help menu
and
: I couldn't find anything on the topic. Any ideas?
:
: Thanks.
:
:
:
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