Support Board
Date/Time: Sun, 01 Jun 2025 16:31:30 +0000
Degrees of a trend
View Count: 243
| [2025-05-21 19:31:23] |
| Albert - Posts: 19 |
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What/how SierraChart provide to know the degrees of a slope of a trend?
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| [2025-05-21 20:41:24] |
| John - SC Support - Posts: 40127 |
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Is there a specific item you are asking about in terms of the display of the degrees? Or is this a general question, and if so we really need more information on what you are wanting to know.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-05-22 14:50:37] |
| Albert - Posts: 19 |
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This should help clarify my request, as I’m providing a definition, a specific example, and some historical context. Definition: A constant reading would display the slope angle (in degrees) of a trend for a specific financial instrument, within a specific time frame and chart. Example: The financial instrument is the S&P 500 June 2025 futures contract, and the chart is set to a 5-minute time frame. The reading I’m referring to would show the angle of the trend's slope — for instance, 20 degrees, 30 degrees, etc. Historical Context: In the past, the “Woodie CCI Club” developed such a reading using Sierra Chart. I’ve been unable to locate it recently, but I believe your engineers could recreate it with ease. Thank you. 30 years SierraChart Subscriber |
| [2025-05-22 16:16:58] |
| John - SC Support - Posts: 40127 |
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To start with, there is a "Woodies CCI Trend" study in our list of studies, as well as a "Woodies CCI Trend - Old". Refer to the following for more information related to these. We do not know if this has what you want or not, though. In terms of showing the Angle of a trend line, you can do this using the "Study Angle" study on a study that produces the trend line you are wanting. Refer to the following: Study Angle For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2025-05-22 16:33:31] |
| Marmany - Posts: 312 |
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Albert, This is the code Woodie used for EMA angle sc.ExponentialMovAvg(Close,Average,18); EmaAngle = atan((Average[sc.Index]-((Average[sc.Index-1]+Average[sc.Index-2])/2))/Tks)*180.0/M_PI; Date Time Of Last Edit: 2025-05-23 06:35:59
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| [2025-05-22 19:25:44] |
| Sawtooth - Posts: 4222 |
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What/how SierraChart provide to know the degrees of a slope of a trend?
You could use the Study Angle study.Study Angle Date Time Of Last Edit: 2025-05-22 19:26:25
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| [2025-05-23 16:55:37] |
| Albert - Posts: 19 |
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The Study Angle is exactly what I was looking for—thank you very much. I have one question: the reading will vary depending on the length. I'm trying to identify the most representative market trend, 5 minutes chart. Based on your experience, what length would you recommend as the most reliable for capturing market trends? Once again, thank you very much. |
| [2025-05-23 17:14:47] |
| Albert - Posts: 19 |
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The length should vary depending on the time frame. Could you please extend your response to include suggested lengths for the 2-minute, 5-minute, 15-minute, 30-minute, and daily time frames? Thank you very much.
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| [2025-05-23 17:16:58] |
| Sawtooth - Posts: 4222 |
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what length would you recommend as the most reliable for capturing market trends?
Try this:You could set the Based On to a moving average, and set the length to something short. Or you could set the Based On to the OHLC Avg of a moving average, and set the length to something longer. It's really up to you to experiment with what combination of settings works best for you. |
| [2025-05-23 18:43:34] |
| Albert - Posts: 19 |
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Hello Marmany, is there any instructions, step by step on how to install it? Thank you very much.
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| [2025-05-24 07:03:45] |
| Marmany - Posts: 312 |
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Albert, I incorporate that formula into my ACSIL auto trading studies. Use it on 18 period EMA and linear regression channels. If angle is greater than 70 degrees you have a strong trend. Go with it, never fight it. Look up source code for Sierra Study Angle. You should be able to modify that quite easily to meet your requirements. |
| [2025-05-29 18:59:01] |
| Albert - Posts: 19 |
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Marmany, thank you very much for your help. I will try it but programming is not my field. The angle did not work. I am not sure why SierraChart does not duplicate Woodie's setup showing the degrees, as it can benefit us and they have the how to knowledge.
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| [2025-05-30 15:47:14] |
| Albert - Posts: 19 |
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Marmany, I’m also working with options. Back in the old Woodie room, there was someone who did very well trading options using Sierra Chart and the CCI indicator. It would be great to have a group where everyone speaks the same language — using Sierra Chart and CCI
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| [2025-05-30 15:47:15] |
| Albert - Posts: 19 |
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Marmany, I’m also working with options. Back in the old Woodie room, there was someone who did very well trading options using Sierra Chart and the CCI indicator. It would be great to have a group where everyone speaks the same language — using Sierra Chart and CCI
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| [2025-05-31 12:41:30] |
| Marmany - Posts: 312 |
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Albert, no longer using CCI. Woodie patterns only worked in certain market conditions. Some people lost a lot of money in the end.
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