Slope Question

[laocoon]

Hello,

I'd like to determine the slope of a moving average using the Slope function.
if (Slope(SMA(10), 10, 0))>0.25

{
DrawDot("Long" + CurrentBar, false, 0, Low[0]- 5*(TickSize), Color.Black);
}


The problem is, when I use this code in two different markets, for example the Dax futures and the NQ, it will draw the dot in one of them but not in the other, although the slopes of the moving averages look the same in both markets.

How can that be?

Thanks

[NinjaTrader_PaulH]

Hello laocoon,

Thanks for your post.

A visual slope comparison can be deceiving when they are not on the same scale.

It would be better to print out the values of the slope you are getting and adjust your comparative value as needed per instrument. (make it a user input so you can set as needed).