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RE: help w/ omega code



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Thanks for helping express myself Don!  I flunked all my high school
math classes
but I know what I like!
> -----Original Message-----
> From:	Donald Thompson [SMTP:detomps@xxxxxxxxxxxxx]
> Sent:	Thursday, May 14, 1998 1:20 PM
> To:	RealTraders Discussion Group
> Subject:	Re: help w/ omega code
> 
> 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