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Registered User Joined: 9/7/2014 Posts: 36
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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
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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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 Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 9/7/2014 Posts: 36
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As usually, thanks.
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Registered User Joined: 6/30/2017 Posts: 1,227
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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.
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Registered User Joined: 6/30/2017 Posts: 1,227
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Registered User Joined: 9/7/2014 Posts: 36
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YOURE THE MAN PENNY. Im no genius, but I know a few.
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Registered User Joined: 6/30/2017 Posts: 1,227
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