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What is slop direction line indicator?

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  • First Post: Dec 11, 2009 6:29pm Dec 11, 2009 6:29pm
  •  yesbee1
  • | Joined Dec 2009 | Status: Member | 107 Posts
Hi All,
Could someone explain me the calculation underlying Slope Direction Line indicator? It is used in a few very popular strategies and I want to understand the idea behind it. Thanks.
  • Post #2
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  • Last Post: Dec 13, 2009 3:08pm Dec 13, 2009 3:08pm
  •  yesbee1
  • | Joined Dec 2009 | Status: Member | 107 Posts
Never mind. I found it. It is the HMA( Hull moving average) with slope direction changing the color of the line. Thanks.
 
 
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