Support Board
Date/Time: Thu, 23 Jan 2025 18:19:53 +0000
[User Discussion] - -Sloope of EMA
View Count: 1700
| [2015-03-28 21:30:12] |
| tellerbe - Posts: 109 |
|
Is there a study that will measure the slope of say the EMA and show it on the screen? The slope would be measured between the last close and say the fourth or fifth from last.
|
| [2015-03-28 22:48:28] |
| Sawtooth - Posts: 4162 |
|
You could do it with a combination of studies. Try this: 1) Add another EMA of the same length, and hide it. 2) Add the Study Subgraphs Difference study -Set the Input Study 1 to the original EMA -Set the Input Study 2 to the added EMA -Set the Study 2 Subgraph Offset to 4 or 5 This will plot a line of the value difference in another chart region. If you only want the current bar difference displayed as a number, hide the Difference study and add the Text Display for Study study. |
| [2015-03-29 00:19:11] |
| i960 - Posts: 360 |
|
Wouldn't an EMA over a higher period approach a similar thing?
|
| [2015-03-29 09:23:31] |
| ehlaban - Posts: 50 |
|
You can use a momentum or ROC indicator and instead of price as input, use the EMA. The Momentum indicator compares where the current price is in relation to where the price was in the past. http://www.sierrachart.com/index.php?page=doc/doc_TechnicalStudiesReference.html#s35 See also Momentum with Moving Average. |
| [2015-03-29 14:43:16] |
| Marmany - Posts: 307 |
|
Tellerbe, attached study does what you require. It measures angle between last bar and average of previous 2 closes. Useful for comparing price action in different markets. You can easily modify to calculate angle over a larger range of bars. |
 EMAangle.cpp - Attached On 2015-03-29 14:41:13 UTC - Size: 1.94 KB - 554 views EMAangle.dll - Attached On 2015-03-29 14:41:53 UTC - Size: 15 KB - 579 views |
| [2018-12-06 14:28:00] |
| pfsthib1 - Posts: 1 |
|
Nice
Date Time Of Last Edit: 2018-12-06 14:28:26
|
To post a message in this thread, you need to log in with your Sierra Chart account: