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Slope Direction Line

Slope Direction Line

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Input Parameters:

  • period = 32 — The indicator period for the subsequent moving average calculations.
  • FilterNumber = 2 — Applied filter size.
  • ma_method = 3 — Averaging method. Can be any of the Moving Average method values: 0 — SMA (Simple Moving Average), 1 — EMA (Exponential Moving Average), 2 — SMMA (Smoothed Moving Average), 3 — LWMA (Linear-weighted Moving Average).
  • applied_price = 0 — Used price. Can be any of price constants: 0 — CLOSE, 1 — OPEN, 2 — HIGH, 3 — LOW, 4 — MEDIAN ((high+low)/2), 5 — TYPICAL ((high+low+close)/3), 6 — WEIGHTED ((high+low+close+close)/4).

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Author
Salvador
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