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Help with Slope


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Help with Slope

  #1 (permalink)
 
Fibbee's Avatar
 Fibbee 
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I need help with programming slope via the NT Strategy Wizard.

I would like to use the MASlopeBoxMulti Indicator if possible, but I can not seem to figure out how to do this properly.

All I am trying to do is set it so that when slope is greater or less than X
Do the following.

or even if slope crossing above below a certain numerical value. I suppose that would work as well.

Thank you,

Fibs

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  #2 (permalink)
 
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 Fibbee 
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Here is a picture of what I mean.

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  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
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Slope is not useful to measure. Charts with dynamic axis that rescale to fit price render slope worthless.

Any attempt to use slope as a signal generator will not work.

See here:


Mike

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  #4 (permalink)
 
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 Fibbee 
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Good to know, Thanks Mike.

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  #5 (permalink)
 
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 Xav1029 
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You could use value[0] - value[1] of the MA instead of visual slope. This would give you the true "slope" which is just change in Y / change in X

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  #6 (permalink)
 
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 Big Mike 
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Xav1029 View Post
You could use value[0] - value[1] of the MA instead of visual slope. This would give you the true "slope" which is just change in Y / change in X

aka Momentum

Mike

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  #7 (permalink)
 
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 Fibbee 
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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.

Thanks

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  #8 (permalink)
 
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 Xav1029 
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Fibbee View Post
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.

Thanks

Define speed. Because what I just posted is technically velocity, so is "speed" just the absolute value of velocity??

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  #9 (permalink)
 
Big Mike's Avatar
 Big Mike 
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Check download section for "Pace of Tape".

Mike

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  #10 (permalink)
 
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 Fibbee 
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THANKS MIKE!

That is exactly what I am looking for.

I apologize for looking with my mouth, I went through the downloads but couldn't find it.

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