Questions about "Slope"

[edgeliner]

Is it possible to implement a statement like the following in a strategy.....

if (Slope WMA(5)[0] > Slope WMA(40[0])
Do something

[NinjaTrader_Ray]

Sure, I can tell the syntax is incorrect but concept is fine, please check Help Guide for correct syntax.

[Elliott Wave]

I'd recommend using the MASlopePlot indicator posted by Gumphrie.

Its much better than the normal slope function in my opinion because it returns a value congruent with the way most people actually think about slope (degrees).

The section in the manual related to slope should probably be clarified with an example result. It would likely save a lot of head scratching and redundant questions...

[edgeliner]

I agree Ray....problem is that The section in the manual related to slope should probably be clarified with an example. There is nothing there that refers to my question. Could you give me the correct syntax?

[NinjaTrader_Dierk]

Not exactly sure what you want to achieve but e.g. this would be a correct usage of the Slope method:

Slope(WMA(10), startBarAgo, endBarAgo)

Note: You need to set values for startBarAgo and endBarAgo

[edgeliner]

Thanks Dierk! So if I wanted to see if the slope of WMA(40) was less than the slope of WMA(5), how would that look?

[NinjaTrader_Ray]

if (Slope(WMA(40), startBarAgo, endBarAgo) < Slope(WMA(5), startBarAgo, endBarAgo))
// Do something