DYO: Value Degrees for Pyrapoint used with Study Slope


Q:  I want the zone colored when the Howards 9 period avg is below a slope of 9 degrees to keep me out of trades during chop.  I am using a similar one to color a zone in a sub-window for RSI slope but can't get it to work on the chart MA.

A:  This is an example solution.  

Use the Line B Function | Value Degrees for Pyrapoint # to convert the slope of the Line A average into a degrees, which is stored in GV[2].  Line C and D are just a clever way to test if this value is in the range of +9 to -9, and marks the chart when the slope degrees is a small value.

To discover what value should be in the Line B Number field, I added a Pyrapoint tool to the chart, and adjusted the degrees parameter on the Pyrapoint tool until the 45 degree diagonal lines on the Pyrapoint tool looked correct for the chart.  The Degrees parameter from the Pyrapoint tool is then the Number field parameter to use on Line B in the DYO example, which was 1.4.

read more » DYO:  Value Degrees for Pyrapoint #


Last modified 8/26/09 4:57 PM