MultiCharts: Trading Software for Automated Trading and Backtesting

Hi,

Has anyone by chance written a function that can be called to get the slope of a moving average, or indicator or anything you want pass to it?

Thanks,

Preston

Hi,

Has anyone by chance written a function that can be called to get the slope of a moving average, or indicator or anything you want pass to it?

Thanks,

Preston

Can you define your meaning of "Slope"?

TJ,

rise over run


Rules for Calculating the Slope of a Line

# Find two points on the line.

# Count the rise (How many units do you count up or down to get from one point to the next?) Record this number as your numerator.

# Count the run (How many units do you count left or right to get to the point?) Record this number as your denominator.

# Simplify your fraction if possible.

IMPORTANT NOTE:

# If you count up or right your number is positive.

# If you count down or left your number is negativ

TJ,

rise over run

Rules for Calculating the Slope of a Line

# Find two points on the line.

# Count the rise (How many units do you count up or down to get from one point to the next?) Record this number as your numerator.

# Count the run (How many units do you count left or right to get to the point?) Record this number as your denominator.

# Simplify your fraction if possible.

IMPORTANT NOTE:

# If you count up or right your number is positive.

# If you count down or left your number is negativ

if that is your definition, then consider this for a moving average:
or

you can get more slope information here:

http://tradersxchange.com/viewtopic.php ... a69337c58a

Thanks, TJ.