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Scan question: MA slope defining
Last Activity 5/19/2018 1:21 PM
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FransA

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Subject : Scan question: MA slope defining
Posted : 1/9/2012 3:15 AM
Post #20299

Hi All

I need a scan scenario condition:

Show Stocks where the 3 day slope of the SMA(50) is below -.01

I create formula:
SMA(50)/ SMA(50)[2] -1 < -0.01

I am in doubt if this is ok
Would somebody confirm if this is ok, otherwise improve?
Thank you very much

Frans


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Jim Dean

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Subject : RE: Scan question: MA slope defining
Posted : 1/10/2012 5:31 AM
Post #20312 - In reply to #20299

Hi Frans:

Good question. Lots of considerations involved. I've provided an extensive answer elsewhere, that discusses:

Ratios versus differences versus best-fit slopes,
And
Percent versus ATR versus acceleration versus historical ranging.

For more info, send me a PM.


JDref:693#m3296
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W.B. van Glabbeek

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Subject : RE: Scan question: MA slope defining
Posted : 1/10/2012 7:36 AM
Post #20315 - In reply to #20299

Slope is hard to define in Omnitrader.

A slope on a graph showing 50 bars, looks different as a slope on a graph showing 100 bars.

There is a lot info on this subject.

I think you could use: LNREG_SLOPE(SMA(50),3)
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