Slope of a Moving Average

[laocoon]

Hi

I'm looking to code the slope of a Moving Average, i.e., if the slope is steeper than X (indicating a strong trend), then...

Does anybody know how to go about it?

Thanks

[buhrmaster]

Rather then mess with linear regression you can get a reasonable approximation by taking the difference of the logged prices divided by the number of time periods being analyzed:

(ln(P2) - ln(P1))/(T2 - T1)

You have to define the lookback time period (number of bars) you want to cover. The log function is found in the Math library; I don't know what it is, probably Math.log() or Math.ln().

[buhrmaster]

Actually it should be the MA #s not the prices:

(ln(MA2) - ln(MA1))/(T2 - T1)