forexgeo New User Posts: 3 Joined: 10/25/2007 Location: seattle  User Profile | Hi all, I've asked this on another thread, but can't find it to see if anyone replied. I am working on a filter block that is based on the slope of an EMA. The question is how to quantify it in a way that will translate into OT. The ideal measurement would be degrees. I figured I can adjust a degree to the finest detail to confirm if I want to enter a trade. My thinking goes something like this: If EMA(21)>90degrees and =< 120 degrees signal equals long signal. I only remembered the math formulas because that was what was required. I never had a math teacher who explained any application other than taking their test, so please be patient with me on the math stuff. If you want to suggest what I need to study to focus specifically on this idea I would like to learn. Is it as simple(not easy) as implanting the formula into the code? Can I calculate the EMA slope of a single candle? I am having an interesting time with my stops. Most my disappointments are in trades I wouldn't have entered if I had the filter mentioned above. I notice I can't calculate my stops based on a specific pip value. Say a stop at 10 pips from the strike, and then a trailing of 5 pips from the current. Any advice would be greatly appreciated in general, but setting stops is a challenge given I need to find another variable to adjust. Thanks in advance George | |
