[RT] Gen: Run Slope indicator

["BobR" <bobrabcd@xxxxxxxxxxxxx>]

As the OEX zeroed in on the last expiration I was watching the chaotic
expiration predictor(formerly Indicated Value) and it was flipping back and
forth between the green and red lines intraday as the indicator was set for
update every tick.  That mean't that the 3 day linear regression slope was
switching back and forth from positive to negative.  That suggested to me
that a "run slope" detector indicator might have some utility.  Clyde picked
the name, without knowing I was thinking of this.  On the same wavelength I
guess.  In this case the CEP is based on a user input Length value of 3
days.  Perhaps this was picked because it takes two points to define a
straight line and three to confirm a trend.  It also has a Hl and Ll
threshold to manuall select congestion levels.  That could be defined
numerous other ways.  Likewise Price could be other than the close. Format
to dots or crosses not lines.

{Slope bias}
Inputs:  Price(c),Len(3),Hl(0.1),Ll(-0.1);
Vars:  Slope(0);

If slope> Ll and Slope<Hl then begin
plot1(0,"congestion");
end;

If slope>Hl then begin
plot2(Len,"up");
end;

If slope<Ll then begin
plot3(-Len,"Down")
end;

Attachment Converted: "f:\eudora\attach\CHAOS.gif"