TLAngleEasy (Function)
DisclaimerThe TLAngleEasy function returns the angle of a trendline with one price input.
Syntax
TLAngleEasy(Price, StartBar, EndBar)
Returns (Double)
A numeric value containing the angle of a trendline.
Parameters
|
Name |
Type |
Description |
|
Price |
Numeric |
Specifies which bar value (price, function, or formula) to use. |
|
StartBar |
Numeric |
Sets the bar number (bars ago) of the trendline start point. |
|
EndBar |
Numeric |
Sets the bar number (bars ago) of the trendline end point. |
Remarks
This function is similar to TLAngle, except that you cannot specify different prices for the start and end points. This function uses the same price on the start and end bars.
The formula used is a simple rise over run calculation to obtain the slope; the formula then takes the cotangent of that slope. In fact, you can obtain the same value as the TLAngleEasy function by taking the ArcTangent of the TLSlope function.
Example
Plot1(TLAngleEasy(High,1,9);