Slope function output

[NinjaTrader_JoshP]

Should be startBarsAgo and then endBarsAgo.

[luxurious_04]

Hello dwall please help me also on the plotting of slope in different charts because I have also the same problem about the ticksize. Please send me LSMA and share the code.

[Benluk]

Multi MA Slope

I just find this indicator here and import to NJ v7. I see a box and a degree on the right-hand bottom of the screen. When I scroll the chart to previous hours or days, the degree inside the box does not change.

What do I need to do to see an updated slope when I scroll my chart for studying?

[andrei.reiand]

Hi,

Does anyone know what the output of the Slope() function actually represents?
It seems to change on ticksize. How can I just convert it to degrees?
(where 90 is straight up and -90 is straight down)


Thanks in Advance

Is there a prebuilt indicator built based on this at all, or just discussion of a possible one?

[koganam]

Is there a prebuilt indicator built based on this at all, or just discussion of a possible one?

There is not. And here are just a few of the threads on this forum that explain why the whole concept of angles is now just a meaningless, atavastic, holdover from the early days of Technical Analysis, when everything was being done on hand-drawn charts, and angles were then a convenient means of measuring something else.

On a modern computerized trading application, where the computer can make calculations much faster, and the graphics can rescale the chart in a more or less unpredictable manner, depending on price distribution, angles have become meaningless, not the least reason being that an angle on a chart is not a dimensionless quantity; whereas a trigonometric angle always is dimensionless.

ref: http://ninjatrader.com/support/forum...ad.php?t=72289

http://ninjatrader.com/support/forum/showthread.php?t=68659

http://ninjatrader.com/support/forum/showthread.php?p=383570

These threads all encompass some participation by me, but there are a whole lot of others, in which I am not involved. Just search the forum.