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The concept of Slope or Angle within an Indicator is vague and complex. Given that, generally there is no right answer as it depends upon the purpose of considering the slope. Will it just be a relative measure comparied to earlier measurements or is …
I am actually more concerned with speed and swing levels than slope. Unfortunatley I have not been able to find any speed indicators and have struggled with developing my own. I purchased one from a vendor but it is a utility so I am unable to incorporate it into my strategy.
I was hoping to see if there was any value added by using slope, but I had a feeling slope would be worthless in that sense.
If you guys could help me with how to program speed that would really help, or even tell me why that may not work as well.
I posted in the Develop any Indicator Thread a little while ago, seeking help with that as well.
It is all part of the same strategy I am working to develop.