Ever used a protractor while trading?

[jonbig04]

To measure the angle of trend lines, supply/demand lines etc?

A lot of lines in TA just wondering if anyone has ever measure them for use in some kind of system.

example if the jibberjabber line is at X angle etc etc


Just curious.

 

[FightTheFuture]

Quote from jonbig04:

To measure the angle of trend lines, supply/demand lines etc?

A lot of lines in TA just wondering if anyone has ever measure them for use in some kind of system.

example if the jibberjabber line is at X angle etc etc


Just curious.

A long time ago I did. Didn't spend more than a few minutes at it I suppose.

Don't remember much about it. Degree of angle etc.

Better to just keep it simple.

 

[Lucrum]

Not saying the idea has no merit but you might be interested in the short article at the top of the page.

http://www.ensignsoftware.com/tips/tradingtips15.htm#45

 

[bespoke]

that will probably be the day i officially hit rock bottom

 

[jonbig04]

I use PA/S&D only.

I was curious about using it with trend lines. Since it SEEMS the steeper the angle the stronger the trend.

Example, if you were going to trade the trend (in some fashion) you may want to say the angle of the trend must be greater than X for me to get in with the trend.

Just an example/idea...shooting shit here.

 

[sellingrich]

My Dr doesn't allow trading from his office.

 

[ChaosNSX]

sounds like a gann fan..http://www.metaquotes.net/techanalysis/linestudies/gann_fan

 

[jonbig04]

hmm had my suspicions that it wasnt my original idea lol

thanks.

 

[Rearden Metal]

Am I the only one here to see the question <i>'Ever used a protractor while trading?'</i>... and then instantly start thinking of anal penetration jokes?

 

[jonbig04]

Quote from Rearden Metal:

Am I the only one here to see the question <i>'Ever used a protractor while trading?'</i>... and then instantly start thinking of anal penetration jokes?

i think you are by yourself on that one.