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Is there any way to create a formula for an indicator angle Rate this Topic:
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bobhovik
Posted : Tuesday, May 26, 2015 2:09:34 PM
Registered User
Joined: 3/12/2005
Posts: 40

To have an angle created for a 45 degree moving average line.

Bruce_L
Posted : Tuesday, May 26, 2015 2:16:56 PM


Worden Trainer

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

No, there really isn't. Angle is pretty much meaningless in that it can change if you adjust the scroll, zoom or aspect ratio of the pane in which the indicator is plotted and in some cases even if you add another indicator to the same pane.

One option would be to add a Rate of Change % Indicator to the chart and then change its data source to use the moving average. That should be something that won't change and could even be reasonably compared between symbols.

Change Data Source (3:38)



-Bruce
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