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

• 03/02/2019 at 1:24 PM #92695
  thomas2004ch

  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!

  

  thomas2004ch

  Participant

  Topics: 27

  Replies: 39

  Been thanked: 1 time
  03/02/2019 at 2:39 PM #92702
  Vonasi

  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.

  

  Vonasi

  Moderator

  Topics: 192

  Replies: 5088

  Been thanked: 1811 times
  03/02/2019 at 3:21 PM #92707
  robertogozzi

  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

   

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17138

  Been thanked: 4031 times
• Author
  Posts