Is there any function to calculate the SLOPE of a line cinnects two points?

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03/02/2019 at 1:24 PM #92695 quote

thomas2004ch
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I want to calculate the slope of a line of two points. For example CLOSE[i] and CLOSE[i+n]. I see there is an indicator of “Linear Regression Slope”. But this for the whole range. The background of my question is: I want to compare the slope of two bottoms of CLOSE and that of their respondings MACD. I am not sure if there is a function to calculate the slope of a two-point-line?

Thanks!

03/02/2019 at 2:39 PM #92702 quote

Vonasi
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Master

It is not possible to calculate in degrees the angle of a slope as we have no value for x as it is just a number of bars over an unknown distance. We do however know a value for y as it can be measured in pips or MACD value. So the best you can do is give each slope a rating by dividing the number of pips by the number of candles.

03/02/2019 at 3:21 PM #92707 quote

robertogozzi
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You may read the code here, perhaps that could be of help:

https://www.prorealcode.com/prorealtime-indicators/b-m-i-angle-of-ma/

https://www.prorealcode.com/topic/vectorial-dax-m5/page/2/#post-92587
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Is there any function to calculate the SLOPE of a line cinnects two points?

ProBuilder: Indicators & Custom Tools

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thomas2004ch @thomas2004ch Participant

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This topic contains 2 replies,
has 3 voices, and was last updated by robertogozzi
6 years, 11 months ago.

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Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	03/02/2019
Status:	Active
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