Slope Calculations: Per 1 minute Bar or every tick ? - page 2

New comment
 

Hi JB,

If I am polling up to 2 dozen charts the interval between polling the same chart is very unlikely to be less than 1 second. Obviously I would prefer as little lag as possible, but so long as teh time stamp taht accompanies the surrent price is accurate for that particular price, then 2 sets of Server Time & corresponding price will give me an accurate slope / absolute angle even though it may be lagged.

 
phy:

ok...

I get 10 pips and 2 bars = slope 5

5*90 = 450

Now what?

Your angle is 90 degrees or close to it (scale reformatting). If you have angle 0f 90* 5 (n) times it is still angle = 90.

This should be normalized according to your needs (-90, 90) (-180, 180) etc.

 
phy:

ok...

I get 10 pips and 2 bars = slope 5

5*90 = 450

Now what?

Try from MT4 Insert--> Lines ---> TrendLine by Angle ---> Put it on a chart and in Parameters - Angle in Degrees type in 450 or anything you want - it will normalize it.

In your case ( 450) you will get vertical line (90 degrees). In program take division results without remainder multiply your normalization base ( lets say 90) ny that number

than suntract from original degree (450) = 0. I would check the remainder first - if it is zero then angle is = your base (90 in this case).

I hope this helps.

 
StraightTrader:

Sorry not everything get posted last time.This piece of code was missing.

I believe this should do the trick:


double slope = ((price1-price2)/Point)/(Number_of_Bars_Back);
double Angle = 90 * slope;

double mabs = MathAbs(Angle);
double mamod = MathMod(Angle,90);
if(mabs > 90 && mamod != 0.0)
{
Angle = Angle - 90* MathFloor(Angle/90);
}


Angle can be negatice or positive here.


Thanks.

12
New comment
Reason: