Hi Brian,

 

Here are a couple of reports from Alex Slope today. I’m not sure if the graphs are visible. I hope they are.

 

The formula for Slope is: Slope =  (EMA – EMA1) / EMA1 * 100000

where;

Slope = one-bar slope of the exponential moving average,

EMA = exponential moving average of this bar, and

            EMA1 = exponential moving average of the previous bar.

 

There are several different workable ways to use Slope for entry and exits.

 

E.g., you could enter long when Slope > 20, and exit the long when Slope < zero. You would then enter short when Slope is less than -20, and cover when Slope is > zero.

 

Personally, I use separate values EntrySlope and ExitSlope. To date, 20 and 22 seem to work well.

 

The rules are:

If Slope > EntrySlope then buy

If Slope < -EntrySlope then sell short

If you are long and Slope < -ExitSlope then sell

If you are short and Slope > ExitSlope then cover

 

Cheers,

 

Steve Alexander

619-800-1154