Trendline Angle Finder - futures io
futures io futures trading



Trendline Angle Finder


Discussion in NinjaTrader

Updated
      Top Posters
    1. looks_one trendisyourfriend with 2 posts (1 thanks)
    2. looks_two ceramictilepro with 1 posts (0 thanks)
    3. looks_3 anniebee321 with 1 posts (0 thanks)
    4. looks_4 Fat Tails with 1 posts (2 thanks)
    1. trending_up 6,056 views
    2. thumb_up 3 thanks given
    3. group 2 followers
    1. forum 5 posts
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Trendline Angle Finder

(login for full post details)
  #1 (permalink)
Roseville CA
 
Experience: Advanced
Platform: N7
Broker: Amp Futures/CQG
Trading: ES
 
Posts: 124 since Jun 2009
Thanks: 32 given, 20 received

i am looking for a way to find the angle of the standard ninja trendline indicator on a chart. any ideas?

Started this thread Reply With Quote

Can you help answer these questions
from other members on futures io?
Help Needed: TOS Options Chain IV & IMPL MOVE Calcul …
ThinkOrSwim
Work with historical tcks data on MUltichart NET PowerLa …
MultiCharts
Webinar: Finding your own way in trading w/Adam Grimes
The Elite Circle
Automatic pattern research with NT
Elite Algorithmic NinjaTrader Trading
SimplerOptions
Trading Reviews and Vendors
 
Best Threads (Most Thanked)
in the last 7 days on futures io
Battlestations: Show us your trading desks!
137 thanks
Want your NinjaTrader indicator created, free?
32 thanks
Big Mike in Ecuador
30 thanks
Saturday Morning Market Replay!
20 thanks
Selling Options on Futures?
19 thanks
 
(login for full post details)
  #3 (permalink)
Market Wizard
Berlin, Europe
 
Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker: Interactive Brokers
Trading: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,855 since Mar 2010
Thanks: 4,238 given, 26,731 received


Angles are a concept that worked well prior to the introduction of computers.

Angles only make sense, if you never ever change the horizontal or vertical compression of a chart. NinjaTrader and all other modern trading software have an Autoscale feature which adapts the price action to the size of the screen. This means that the vertical compression is changed all the time, and that the angle of the trendline changes with each bar.

The angle of a trendline just represents the average momentum between the two points you connected.

So any momentum or rate of change indicator is at least as good as the angle of the trend line.

Reply With Quote
The following 2 users say Thank You to Fat Tails for this post:
 
(login for full post details)
  #4 (permalink)
Market Wizard
Quebec
 
Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker: AMP/CQG
Trading: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,979 since Oct 2009
Thanks: 3,657 given, 5,120 received


ceramictilepro View Post
i am looking for a way to find the angle of the standard ninja trendline indicator on a chart. any ideas?

You may want to check this tool:
Screen Protractor, The on-screen Angle Tool

I understand your need as i once asked the same question. It works very well with the priceactionswing indicator.

Reply With Quote
The following user says Thank You to trendisyourfriend for this post:
 
(login for full post details)
  #5 (permalink)
london
 
Experience: Beginner
Platform: ninja
Trading: fgbl
 
Posts: 152 since Nov 2009
Thanks: 64 given, 44 received

Many thanks trendisyourfriend i never realised something like this existed, it exactly
suits the purpose of finding angles between two fixed points if it works as stated, i have downloaded
a copy and will give it a try

Reply With Quote
 
(login for full post details)
  #6 (permalink)
Market Wizard
Quebec
 
Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker: AMP/CQG
Trading: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,979 since Oct 2009
Thanks: 3,657 given, 5,120 received

You're welcome

Reply With Quote


futures io Trading Community Platforms and Indicators NinjaTrader > Trendline Angle Finder


Last Updated on October 9, 2010


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Battlestations! Show us your trading desk - $1,500 in prizes!

March
 

Importance of Finding Your Own Way w/Adam Grimes

Elite only
 

Journal Challenge w/Jigsaw

April
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts