Would you agree there's a problem if the slope changes when the stock splits?
--- In amibroker@yahoogroups.com, "Joe Landry" <[EMAIL PROTECTED]> wrote: > > Don't apologize but you're not bursting my bubble, yet! ( but I'm open to > having it deflated). > I've heard this knock off before and let's put it to bed if we can. > > Did you try zooming the chart? Both x and y? Surely the slope of the > plotted line > changes as you move both the x, abscissa and the ordinate, price, but the > calculated > values of the slope from using linregslope does not. I think of the slope > as representative of the rate of change of > that price (or other) array. I don't know what Eckhardt said or in what > context he said it. Maybe > he was talking about using pencil and paper. There the scaling on the chart > would make a difference. > > Also, you have to ask yourself, why would Tomasz have coded a linregslope > function, or Dimitris Tsokakis and others > used it so frequently in their work on the forum? In my collection alone of > valued AFL clips I get 200 hits by many different > users of this board. > > Best regards > JOE > > > ----- Original Message ----- > From: "sebastiandanconia" <[EMAIL PROTECTED]> > To: <amibroker@yahoogroups.com> > Sent: Thursday, August 24, 2006 9:31 AM > Subject: [amibroker] Re: Never Took Trigonometry > > > >I apologize for bursting your bubble, but angles are not going to be a > > consistent measure. If the scale of the chart changes so does the > > angle, even if the price data and timeframe are precisely the same. > > > > Trendlines that connect highs/lows, however, are consistent regardless > > of scale. In "The New Market Wizards" mathmatician William Eckhardt > > explains why methods based on angles are fallacious, but methods based > > on trendlines are more legitimate. > > > > > > Luck, > > > > Sebastian > > > > --- In amibroker@yahoogroups.com, "Charles J. Dudek" <trader@> wrote: > >> > >> I don't know how to convert a slope value (LinRegSlope) to an angle. > >> I took a line from the Woodie's CCI script and converted it, but I > >> don't think it's right. > >> > >> PI = atan(1.00) * 4; > >> angle = round(180 * acos(1/LinRegSlope(C,sp)) / PI); > >> > >> Chuck Dudek > >> > > > > > > > > > > > > > > > > Please note that this group is for discussion between users only. > > > > To get support from AmiBroker please send an e-mail directly to > > SUPPORT {at} amibroker.com > > > > For other support material please check also: > > http://www.amibroker.com/support.html > > > > > > Yahoo! Groups Links > > > > > > > > > > > > > > > Please note that this group is for discussion between users only. To get support from AmiBroker please send an e-mail directly to SUPPORT {at} amibroker.com For other support material please check also: http://www.amibroker.com/support.html Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/amibroker/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/