[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: help w/ omega code



PureBytes Links

Trading Reference Links

Peter Gibson wrote:
> 
> I'm not sure if this can be coded either but I'm also not sure that the
> concept makes sense.  I think Schwager made this point in one of the Market
> Masters books that angles on charts don't mean much because the angle can be
> changed depending on the scaling of the chart.
> 


Peter,

Are you sure?  It would seem to me the calculation as going to use the
x- axis increment of what ever bar you are using.. and the y axis is
going to be the difference in price. 

Slope =   Y2-Y1
          ____
          X2-X1

respectfully,

don