Hi, @Joe Landry: Thanks for the tips. I'm not sure how the K-ratio can help on this, but if it can help...
@Ara: I'm sorry if what I said was not clear. What I want to do is to calculate a % pullback from a HHV of a stock but I want the slope to be "smooth", that is, I am not happy to see a 5 or 10% pullback but would like to see a 5 or 10% pullback with a particular slope inclination. That is: if the stock dropped 10% in a day is not the same as if it quietly lost 0.5% for 20 days (would not be exactly 10%, but this is an image). You understand what I mean? I want the slope to be as smooth as possible with a particular inclation %. Is this possible? Thanks, Louis 2008/9/5 Ara Kaloustian <[EMAIL PROTECTED]> > Louis, > > I am not quite sure what you mean by "a smooth slope". > > Do you want to have a plot of prices that are smoothed ... as you would gt > with a filter?? > > OR do you want a computed value of slope at some particular point? ... if > so at what point ... or do you want a plot of the slope ... etc > > If you can be moe specific that would be halpful! > > A > > ** > > > ----- Original Message ----- > *From:* Louis P. <[EMAIL PROTECTED]> > *To:* [email protected] > *Sent:* Friday, September 05, 2008 8:41 AM > *Subject:* Re: [amibroker] How to calculate a slope % with Rsquared > without a loop? > > Hi, > > Linear function is my big problem. I'm so weak using that. What is the > difference between using this and doing it the other way? > > BTW, how would you set the number of bars in the current: > > HHVBars(Var,period); // Find number of bars - distance from HHV to current > bar > %slope = ((Highest high - currentclose) / Highest high) / number of bars * > 100; > > Thanks, > > Louis > > > 2008/9/4 Ara Kaloustian <[EMAIL PROTECTED]> > >> You can also use linearray to draw a stright line from HHV to current >> point. >> >> Look up LinearReg function >> >> ----- Original Message ----- >> *From:* Ara Kaloustian <[EMAIL PROTECTED]> >> *To:* [email protected] >> *Sent:* Thursday, September 04, 2008 10:37 AM >> *Subject:* Re: [amibroker] How to calculate a slope % with Rsquared >> without a loop? >> >> Try this: >> >> HHV(Var,period); // find value of highest high >> HHVBars(Var,period); // Find number of bars - distance from HHV to current >> bar >> %slope = ((Highest high - currentclose) / Highest high) / number of bars * >> 100; >> >> You may choose to define slope in a different way, but this is the basic >> structure >> >> A >> >> ----- Original Message ----- >> *From:* Louis P. <[EMAIL PROTECTED]> >> *To:* [email protected] >> *Sent:* Thursday, September 04, 2008 9:34 AM >> *Subject:* Re: [amibroker] How to calculate a slope % with Rsquared >> without a loop? >> >> Hi, >> >> Thanks for your response. I should have said I want to calculate a slope >> from a high point; I'd like to get a smooth slope from a HHV... How would >> you do that? >> >> Thanks a lot! >> Louis >> >> 2008/9/4 Ara Kaloustian <[EMAIL PROTECTED]> >> >>> %slope = (variable - Ref(Variable,-x) ) / Ref(Variable,-x) * 100; >>> >>> ----- Original Message ----- >>> *From:* Louis P. <[EMAIL PROTECTED]> >>> *To:* [email protected] >>> *Sent:* Thursday, September 04, 2008 9:20 AM >>> *Subject:* [amibroker] How to calculate a slope % with Rsquared without >>> a loop? >>> >>> Hi, >>> >>> I was wondering how to calculate the % of a slope without doing any >>> loop. Anybody has any idea? >>> >>> Thanks, >>> >>> Louis >>> >>> >> > >
