EMA 45 degres Uptrend

• 05/12/2018 at 6:57 AM #70237
  Inertia

  Hi dream team !

  How can we code this “EMA (x°) uptrend” please ?

  Thank you 😉

   

   

  

  Inertia

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  05/12/2018 at 10:29 AM #70242
  robertogozzi

  No, we CAN’T!

  As you can see from the attached pic made with the help of eXcel, all of the 3 examples are uptrending, but their grade is different.

  You can only tell uptrends as Higher Highs & Higher Lows and downtrends as Lower Highs & Lower Lows!

  You may detect a downtrending EMA  comparing its value, say, now and 10 bars ago and 20 bars ago…. if it’s always decreasing you may assume there is a downtrend ongoing (in that TF), but you cannot grade it.

  

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  05/12/2018 at 12:40 PM #70254
  Inertia

  Grazié à Lei Roberto for your complete answer.

  Appreciated.

  

  Inertia

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  05/13/2018 at 10:58 AM #70279
  Vonasi

  Similar I think to what Robertogozzi said you can apply a gradient score to the average by subtracting the average level x bars ago from the average level now and dividing by x. By comparing different values of x you can confirm whether the steepness of gradient is increasing or decreasing.

  Could you not then also return this as degrees by the following formula?

  Period = 200 //Average period x = 1 //Number of bars to look back Gradient = (ExponentialAverage[Period](close) - ExponentialAverage[Period](close[x]))/x Angle = ATAN(Gradient) Return 0, Angle

  1 2 3 4 5 6 7 8

  Period = 200 //Average period x = 1 //Number of bars to look back   Gradient = (ExponentialAverage[Period](close) - ExponentialAverage[Period](close[x]))/x   Angle = ATAN(Gradient)   Return 0, Angle

   

  

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  05/13/2018 at 11:25 AM #70280
  Vonasi

  Sorry – please ignore the code in the last post as I just realised that one side of the gradient calculation is an unknown distance in pips so the calculation will not return a true angle. Back to school for me I think!

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  Inertia

  

  Vonasi

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  05/13/2018 at 11:42 AM #70281
  robertogozzi

  Useful links

  https://futures.io/articles/trading/Concept-of-Slope-Angle-in-indic

  https://www.mql5.com/en/forum/126291

  https://ninjatrader.com/support/forum/showthread.php?t=60266

   

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  Bard, Inertia

  

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