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HowBoutDat
Posted : Thursday, September 28, 2017 6:47:59 AM
Registered User
Joined: 9/7/2014
Posts: 36

Need help with a formula:  If possible

XAVG34C  moving up between 0-60 degrees over the last 5 bars.

XAVG34C moving down between 120-180 degrees over the last 5 bars

Bruce_L
Posted : Thursday, September 28, 2017 9:57:29 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

No, it really isn't possible. The angles you see visually are going to change based on things like the scroll, the zoom, the aspect ratio of the pane in which the indicator appears and even the other indicators plotted in the same pane if they are included in the scale.



-Bruce
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HowBoutDat
Posted : Thursday, September 28, 2017 10:23:46 AM
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Joined: 9/7/2014
Posts: 36

As usually, thanks.

Al_Gorithm
Posted : Thursday, September 28, 2017 10:27:41 AM

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Joined: 6/30/2017
Posts: 1,227

Yeah, the aspect ratio of the chart and all the other things Bruce mentioned impact the angle your eyeballs see when viewing a chart. The easiest way to observe this is to scroll your mouse wheel back and forth to zoom in and out. Watch the angle change. If you do it fast you might get dizzy :)

One solution is to add linear regression slope (like I do) and examine some charts that you like. Then check the linear regression slope reading to see what the value is.

You can then PCF or EasyScan based on the Linear Regression Slope value instead of degrees, which ain't happening.

You can check the 34-bar Linear Slope over the last 5 bars easy peasy.

 

Al_Gorithm
Posted : Thursday, September 28, 2017 10:30:49 AM

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Joined: 6/30/2017
Posts: 1,227

HowBoutDat
Posted : Thursday, September 28, 2017 11:12:48 AM
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Joined: 9/7/2014
Posts: 36

YOURE THE MAN PENNY.  Im no genius, but I know a few.

Al_Gorithm
Posted : Thursday, September 28, 2017 11:25:47 AM

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Joined: 6/30/2017
Posts: 1,227

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