Detect if an indicator value is rising / falling

[ekz]

Hi all, 

I'd like to backtest a signal that includes a rising EMA. How can I easily check if my EMA value (or any other indicator value) is rising or falling? 

Thanks in advance.

[OptionStack]

To determine whether an indicator is rising or falling, you can take the Slope of the indicator using the LinearRegSlope method.  

If the indicator is rising, the slope will be greater than zero.  If the indicator is falling, the slope will be less than zero.

Here is an example:  Slope of Indicator Example

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[ekz]

Great. Thanks a lot for this.