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Angle of Moving Average

Angle of Moving Averages

This indicator is very simple yet powerful concept which constantly calculate the slope of the current bar moving average with respect to the N bar before moving average value. This no only give a good entry and exit signal but also it shows traders the strength of the signal. It shows positive green histogram when market is moving toward upward direction and red histograms for downtrend. When large histograms found means market has  very strong trend.

Inputs Available


  •  MA Method

ID

Value

Description

MODE_SMA

0

Simple averaging

MODE_EMA

1

Exponential averaging

MODE_SMMA

2

Smoothed averaging

MODE_LWMA

3

Linear-weighted averaging


  • MA Period
  • MA Shift
  • MA Price Type

ID

Description

PRICE_CLOSE

Close price

PRICE_OPEN

Open price

PRICE_HIGH

The maximum price for the period

PRICE_LOW

The minimum price for the period

PRICE_MEDIAN

Median price, (high + low)/2

PRICE_TYPICAL

Typical price, (high + low + close)/3

PRICE_WEIGHTED

Average price, (high + low + close + close)/4


  • Bars Before Slope will be calculated
  • Signal above positive angle
  • Signal below negetive angle
  • Allow Notification
  • Allow Email
  • Allow Alert

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Der Forex TPA Indikator deckt die wahren Aktionen der Marktmacher auf, immer dann wenn sie passieren. "Kämpfe nicht gegen die Marktmacher an, sondern folge ihnen", ist wohl der beste Rat, den ein Trader bekommen kann. Der TPA Indikator zeigt jedesmal seine Signale an wenn die Bullen definitiv stärker sind als die Bären und umgekehrt. Dieser Indikator wurde VON Tradern FÜR Trader gemacht und ist 100% NICHT NACHZEICHNEND! Signale werden STRENG am Schluss einer Kerze  generiert. Das sagen unsere Ku
** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "123 scanner group" for sharing or seeing experiences with other users. After 17 years of experience in the markets and programming, Winner indicator is ready. I would like to share with you! Introduction The 123 Pattern Scanner indicator with a special enhanced algorithm is a very repetitive common pattern finder with a high success rate . Interestingly, this Winner in
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Олег Похилько
160
Олег Похилько 2023.02.11 13:20 
 

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Biswarup Banerjee
19811
Antwort vom Entwickler Biswarup Banerjee 2023.02.11 16:01
thanks for your input , but we can not simply calculate angle on a horizontal line. We need a point from where we connect the point of the price to measure angle with respect to that line. Thats why we have to take a reference point of how many candle back our source point would be
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