- Katılım
- 23 Eki 2020
- Mesajlar
- 1,797
rev. 01/06/97 The following custom formula returns the slope of a line. For example, this formula returns the slope of a 14 day run of the security's closing prices. |
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Slope of a 14 day ((14 * (Sum(Cum(1) * C ,14) ) ) - (Sum(Cum(1),14) * (Sum(C,14) ) ) ) / ((14 * Sum(Pwr(Cum(1),2),14 ) ) - Pwr(Sum(Cum(1),14),2) ) |
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To apply this to different lines you would replace C with the desired syntax for the line. For example the slope of a 25 period simple moving average would be: |
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Slope of a 25 day MA ((Sum(Cum(1) * Mov(C,25,S),14)) - (Sum(Cum(1),14) * Sum(Mov(C,25,S),14) / 14)) / ((Sum(Power(Cum(1),2),14)) - (Power(Sum(Cum(1),14),2) / 14) ) |
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You could also make this a universal formula by using the P variable. You could then plot the formula on top of any line. |
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Slope of a 14 day using the P variable ( (14*(Sum(Cum(1)*P,14) ) ) - Sum(Cum(1),14)*(Sum(P,14) ) ) / ( (14*Sum(Pwr(Cum(1),2),14 ) ) - Pwr(Sum(Cum(1),14),2) ) |
Source / From: | |
