Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 6/9/2005(UTC) Posts: 34 Location: Dallas, Texas, USA
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How would I write the formula for the slope of the moving average?
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers, Unverified Users Joined: 10/28/2004(UTC) Posts: 3,111 Location: Perth, Western Australia
Was thanked: 16 time(s) in 16 post(s)
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I suggest you have a look at http://forum.equis.com/viewtopic.php?t=933
then ask yourself, how do I define slope? By $ change over so many days? By % change over so many days? If you are looking to measure an angle - that isnt as easy, but ultimately, very do-able.
When following the guidelines in the link above, look for the rate of change indicator.
wabbit :D
fast becoming :(
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 9/8/2004(UTC) Posts: 2,266
Was thanked: 1 time(s) in 1 post(s)
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Check the Rate of Change function in metastock help.
You can eitheir use a % rate of Change or a points roc.
Hope you like the clue ;)
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 6/9/2005(UTC) Posts: 34 Location: Dallas, Texas, USA
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wabbit wrote:I suggest you have a look at http://forum.equis.com/viewtopic.php?t=933
then ask yourself, how do I define slope? By $ change over so many days? By % change over so many days? If you are looking to measure an angle - that isnt as easy, but ultimately, very do-able.
When following the guidelines in the link above, look for the rate of change indicator.
wabbit :D
fast becoming :(
I've read the manuals, but that's not enough when beginning to program for MS ... this would be a whole lot easier if the metastock formula language had a shorter learning curve, but until then I'm having to learn by looking at examples from others. I've quickly picked up some of the other formula languages of other trading software, but not so easily on MS ... at least, for me.
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Rank: Advanced Member
Groups: Registered, Registered Users Joined: 3/19/2005(UTC) Posts: 2,995
Was thanked: 14 time(s) in 10 post(s)
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Rank: Advanced Member
Groups: Registered, Registered Users, Subscribers Joined: 6/9/2005(UTC) Posts: 34 Location: Dallas, Texas, USA
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Thank you ... those were great links!
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