(binned per thread starter’s request) TMS Angleator Indicator Dev
I like this tool; I use it daily. I am getting so used to using the Angles that I want to see the angle on the yellow line now.Another idea has come up. Is there a tool , or could someone make a tool, that shows the angle of any Moving Average. I would like to be able to measure the angles of MAs on the main chart. Especially the TMA.
{quote} Some thoughts on an angle tool - I have not made any code for it. Lets say you made a tool to measure the slope of a line on the graph (user would just place the line on the chart, and the angle would display). The Angleator calculates the degrees with (MathArctan(RSI_Avg_At_Bar_0 - RSI_Avg_At_Bar_1)*180)/3.1415 (get a number to use as a tangent, covert it to radians, convert the radians to degrees). The classic definition of tan is b/a or rise divided by run. On a chart, rise is price, or for the angleator, RSI averages. On that same chart,...
that is exactly right lukeb - the Angleator was designed that way ....
{quote} Maybe it looks for something like the one below which seems not a good idea. {image}
- the angle of the direction has no other predictive quantity 
- a steeper angle has no more meaning than a bigger candle 
..... - i wanted 2 take out the subjective part of that 
{quote} Just i said example of valid data for that formula. You can't use time/price but you can use 2 MA prices delta. But i don't think have real utility.
..... i tink this is a better way 2 tink about it ...... ..... so u dont have 2 measure angle at all {quote} price over time is the definition of momentum
{quote} Really you have many ways to arrive same point in forex. Angles are interesting because how value is more easier for understand the movement force than pips or others measures. But I agree with you an angle don't means more movement. Maybe means what speed have momentum price. And increase or decrease of that angle over time maybe means when will finish. Normally this kind of calculations with lines ( normally MAs ) are done for velocity algorithms or similar. I'm not sure if using angles for that you can get better response...
i agree - another idea is 2 find the speed/acceleration per candle http://www.forexfactory.com/showthread.php?t=538347 [MT7's thread] ...... this way u can find were there has been vacuums ....... wat u want is indis that give u info that u cant easily see ur self by just look'n @ the chart {quote}
{quote} Really I work with MAs as basis in my strategies. I have some ways for read MAs speed but I think show info as angles is more easy for trading manually. Its easier see a 10 decrease than 32 pips decrease. Its not a detection improvement, only visual improvement You can use angle of one MA vs price ( more sensitive ) or angle of 2 MAs as @ (http://www.forexfactory.com/v2vboni)v2vboni (http://www.forexfactory.com/v2vboni) showed before ( less sensitive ). Really both will give you 0 at cross. But its easier for read I...
I'm not sure if current development use same or is different.
..... the guts of the program have not change as far as i know ...... thats a interesting idea u have there [the momentum of the avg / the momentum b/w avg and price] ..... i have no idea how to use that 
