Find the 'slope' on regression channel

[photog53]

This is a 'newbie' question (apologies), but is there a nice straightforward way to find the slope of the regression channel (DrawObject). No matter what I try, I seem to keep working towards recoding a lot of stuff that Ninja already does.
I call the Regression Channel from an indicator, and need to determine the slope of the channel to make other decisions.

Thanks.....

[NinjaTrader_RyanM1]

Hello photog53,

The built in slope formula is looking for a data series as input, so unfortunately will not be able to simply pass in a drawing object. Slope calculation on a drawing object would have to be manually calculated by exposing the objects values with IRegressionChannel:

http://www.ninjatrader.com/support/helpGuides/nt7/iregressionchannel.htm

If you want to duplicate our built in Slope() indicator, it's a change in Y value / # of bars.

[birdog]

Ryan, how can we use a indicator that shows and allows us to select slope angle by DEGREES? Thanks Ryan...

[photog53]

Ryan,
Thanks for the quick response....

(I was afraid this would be the case....but I had to ask. Sometimes you guys have very elegant
alternatives that I don't know about).....

[NinjaTrader_RyanM1]

birdog -

I would have a look at this indicator submitted by NinjaTrader_Tim which offers slope using a few different calculation methods:

http://www.ninjatrader.com/support/forum/local_links.php?action=jump&catid=4&id=323

Photog - Thanks for the reply. Unfortunately, not aware of an alternative to working with IDraw and manually calculate here.