Quote:
Originally Posted by MrPip
Angles are basically using a trig function (MathArcTan) to convert slope(DeltaY / DeltaX) to angle in radians or degrees. The problem still remains. I modified using pips per minute and still find the same problem as before. When moving out to higher timeframes the range of values decreases at each step.
On GBPUSD the ranges are
1 minute 1.4 to -1.5
5 minute 0.47 to -0.61
15 minute 0.20 to -0.21
30 minute 0.13 to -0.10
60 minute 0.12 to -0.15
240 minute 0.05 to -0.07
1440 minute 0.03 to -0.03
Robert
|
I think you did a mistake : changing TF, you change the time unit, so what you obtain is DeltaY/(DeltaX*Period()).
You should just have to compute DeltaY/DeltaX where DeltaX is in minutes, not in period; then TF doesn't matter.