Presactly. For example, x=LinRegSlope(log10(C),10); will pass the c-test but y=LinRegSlope(C,10); will not.
--- In [email protected], "Fred" <[EMAIL PROTECTED]> wrote: > > Yes ... > > The angle is a relation of rise ( Price ) over run ( Time ) > > When rise is measured in terms of percent or log10 of price there > will be no change in the angle after a split ... Percentage or log10 > based moves in price are really the only reasonable way to measure > them any way ... or chart them for that matter ... this is for the > same reason that CAR is calculated the way it is i.e Total Gain ^ ( > 1 / Number of Years ) as opposed to something that typically gets > referred to as ANN and has a formula like Total Gain / Number of > Years ... The latter is at least imho a semi meaningless statistic. > > --- In [email protected], "quanttrader714" > <quanttrader714@> wrote: > > > > Would you agree there's a problem if the slope changes when the > stock > > splits? > > > > --- In [email protected], "Joe Landry" <jelandry@> wrote: > > > > > > Don't apologize but you're not bursting my bubble, yet! ( but I'm > > open to > > > having it deflated). > > > I've heard this knock off before and let's put it to bed if we > can. > > > > > > Did you try zooming the chart? Both x and y? Surely the slope > of the > > > plotted line > > > changes as you move both the x, abscissa and the ordinate, price, > > but the > > > calculated > > > values of the slope from using linregslope does not. I think of > the > > slope > > > as representative of the rate of change of > > > that price (or other) array. I don't know what Eckhardt said or > in > > what > > > context he said it. Maybe > > > he was talking about using pencil and paper. There the scaling on > > the chart > > > would make a difference. > > > > > > Also, you have to ask yourself, why would Tomasz have coded a > > linregslope > > > function, or Dimitris Tsokakis and others > > > used it so frequently in their work on the forum? In my > collection > > alone of > > > valued AFL clips I get 200 hits by many different > > > users of this board. > > > > > > Best regards > > > JOE > > > > > > > > > ----- Original Message ----- > > > From: "sebastiandanconia" <sebastiandanconia@> > > > To: <[email protected]> > > > Sent: Thursday, August 24, 2006 9:31 AM > > > Subject: [amibroker] Re: Never Took Trigonometry > > > > > > > > > >I apologize for bursting your bubble, but angles are not going > to be a > > > > consistent measure. If the scale of the chart changes so does > the > > > > angle, even if the price data and timeframe are precisely the > same. > > > > > > > > Trendlines that connect highs/lows, however, are consistent > regardless > > > > of scale. In "The New Market Wizards" mathmatician William > Eckhardt > > > > explains why methods based on angles are fallacious, but > methods based > > > > on trendlines are more legitimate. > > > > > > > > > > > > Luck, > > > > > > > > Sebastian > > > > > > > > --- In [email protected], "Charles J. Dudek" <trader@> > wrote: > > > >> > > > >> I don't know how to convert a slope value (LinRegSlope) to an > angle. > > > >> I took a line from the Woodie's CCI script and converted it, > but I > > > >> don't think it's right. > > > >> > > > >> PI = atan(1.00) * 4; > > > >> angle = round(180 * acos(1/LinRegSlope(C,sp)) / PI); > > > >> > > > >> Chuck Dudek > > > >> > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > Please note that this group is for discussion between users > only. > > > > > > > > To get support from AmiBroker please send an e-mail directly to > > > > SUPPORT {at} amibroker.com > > > > > > > > For other support material please check also: > > > > http://www.amibroker.com/support.html > > > > > > > > > > > > Yahoo! Groups Links > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > > Please note that this group is for discussion between users only. To get support from AmiBroker please send an e-mail directly to SUPPORT {at} amibroker.com For other support material please check also: http://www.amibroker.com/support.html Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/amibroker/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
