Re: [EquisMetaStock Group] Angle of MA

["nikku" <nikku@xxxxxxxxxxxx>]

Hello Tim
 
Here is a formula provided to me by that super MS formula man, 
Jose Silva. It's called .... SLOPE.
 
It provides the average slope of a line over a 
user-definable number of periods. Right now it is configured to provide the 
slope of a 21-period simple moving average of the close over the past 10 
periods. It also specifies whether the line is sloping up or down. To 
change the number of periods you want SLOPE to look back at, change the last 
number in the second line of this formula - for example, to look back at the 
last 20 periods of this same MA 21, your second line would look like this - 
 
smooth:=Input("Smoothing 
periods",1,252,20);
 
 
To change the type of MA you are analyzing, simply change the 
material to the right of the 'x:=' in the first line of this formula.  
To analyze the slope of any other type of indicator, simply replace 
the material to the right of the x:=  with the appropriate formula - for 
example, if you wanted to look at the slope of an rsi(14), the first line would 
look like this - 
 
x:=rsi(14)
 
You would then specify, in the second line, how many periods you 
wanted SLOPE to look back at when calculating the slope of your rsi line. 

 
Cut and paste this entire formula directly into a "New Indicator'. When you 
go to plot this indicator, a box will pop up with 4 user programmable fields. 
Just leave everything the way it is for now - it is set to describe the angle of 
your line in terms of
 -90 degrees to + 90 degrees. If you need further help figuring out 
what the other fields are for, let me know. 
 
If you need any custom indicators written, Jose is definitely 
your man. I am not associated with him or his business in any way - I just know 
he is a genius with this stuff. 
 
Hope this helps. All the best, Nikku
 
 
<FONT 
size=2>________________________________________________________________________________________________
 
 
{Indicator/Oscillator Slope 
v2.0 -100~+100% / -90~+90 degrees}©Copyright 2003 Jose 
Silva
 
<FONT 
size=3>___________________________________________________________________________

 
 
 
x:=Mov(c,21,s);
 
smooth:=Input("Smoothing 
periods",1,252,10);plot:=Input("plot:  underlying indicator=1,  
Slope=2",1,2,2);y:=Input("Range adjustor 
(0.1~100)",0.1,100,5);display:=Input("display  -100~100%=1,  
-90~90 degrees=2",1,2,2);
 
<FONT 
size=2>LRlast:=x;LRS:=x-Ref(x,-1);LRprev:=LRlast-LRS;
 
<FONT 
size=2>a:=Min(LRlast,LRprev)/Max(LRlast,LRprev);LRratio:=(If(LRlast>LRprev,2-a,a)-1)*y;LRSdeg:=If(LRratio<0,Atan(LRratio,1)-360, Atan(LRratio,1));LRSper:=LRSdeg*10/9;LRStrue:=If(display=2,LRSdeg,LRSper);
 
{smoothing alternative 
1}LRStrue:=If(smooth=1,LRStrue, Mov(LRStrue,smooth,E));
 
{smoothing alternative 
2}{LRStrue:=If(smooth=1,LRStrue, LinRegSlope(LRStrue,smooth));}
 
If(plot=1,x,LRStrue)
<BLOCKQUOTE 
><FONT 
  size=2> 






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