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Date/Time: Sun, 19 May 2024 04:55:42 +0000

Post From: Determining the angle of a study

[2018-09-01 23:19:22] Link To Thread - Link To Post [Go To First Post]
Mark Sear - Posts: 42
Hi. I am trying to understand how the STUDY ANGLE works. I want to do something very simple (I thought). I want to understand what angle a Keltner channel or Bollinger band has relative to flat. If the study was running completely flat I would expect the angle to return 0. However, no matter what setting I select I cannot get a simple angle to return correctly for me. I have attached an example (apologies - I couldn't get your method to work). As you will see from the settings also attached, the study is returning and answer of -75 degrees for the slope. I simply cannot see how this is possible as that is close to vertical, and neither line is vertical. The Bollinger is set to 20-periods, and I have tried selecting in input length of every value from 1 to 20 but none of the angles make any sense to me at all (they do not correspond in any way to the angle seen on screen). The instrument is CFD GER30. I have also tried modifying the tick value, but that doesn't work either. Please can you explain how I get this simple angle working? Thanks.


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