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Strategies & Market Trends : TA-Quotes Plus
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To: Chris G. who wrote (3009)1/13/1998 1:20:00 PM
From: TechTrader42  Read Replies (2) of 11149
 
P.S.: Here's Jeff Grover's slope formula, ready to run:

//Slope by Jeff Grover

output="slope.lst";

DaysToLoad = 500;

float b, refday, daysback, y, x, slope;

b := 0; // don't believe this matters
refday := 0; // end day
daysback := 15; // days back to calculate from
y := close(0) - close(refday-daysback); // "rise" over number of days
x := refday-daysback; // "run" or number of days
slope := (y - b) / x; // slope = rise / run

println Symbol , "," , " Slope:", slope;
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