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  • Reviews (1)
  • Comments (21)
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Moving Average Angle

5

This indicator shows you the angle of the moving average according to your settings in a separate window. It also shows the angle written on the chart, which can also be adjusted. The main features and input variables provided include:

  • MAPeriod: This is the period for your moving average. The default MAPeriod is 5.
  • LookBack: This is a very important variable. It allows you to set the look back bar, from which the angle will be measured. For example, if your LookBack is 5, then indicator will calculate the angle from the last 5th bar. Default value is 5.
  • MAMode: It allows you to select the type of the moving average (SMA=0, EMA=1, SMMA=2, LWMA=3 etc). Default value is 0 (Simple Moving Average).

The following input variables are for the angle displaying settings on the chart:

  • Corner: 0 = Top Left Corner, 1 = Top Right, 2 = Bottom Left, 3 = Bottom Right Corner. Default is 0.
  • FontSize: Select the font size for the chart angle display text. Default is 8.
  • Color: Text color.

Please note that all the above variables can be adjusted according to your settings.

Also, this indicator can be used in any Expert Advisor, once you have developed your strategy through moving average angle.

The main benefit of this indicator is to avoid ranging markets. 

The displaying text of MA angle is in format of "MA Angle [MAPeriod] [LookBack] = Angle". For example, if your angle is 45 with the default settings, then it will display "MA Angle [5][5] = 45" on the chart. Also, it will be indicated with the line in a separate window. Please have a look at the screenshots.

Reviews 1
TMcandy
75
TMcandy 2017.01.14 03:29 
 

This indicator is very useful with identifying strong trends and avoiding ranging markets. Great tool

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Currently 20% OFF ! This dashboard is a very powerful piece of software working on multiple symbols and up to 9 timeframes. It is based on our main indicator (Best reviews:   Advanced Supply Demand ). The dashboard gives a great overview. It shows: Filtered Supply and Demand values including zone strength rating, Pips distances to/and within zones, It highlights nested zones, It gives 4 kind of alerts for the chosen symbols in all (9) time-frames. It is highly configurable for your personal
Graf Mason
Alexandr Lapin
5 (5)
Indicators
Graf Mason is a tool that will make you a professional analyst! The method of determining wave movements using inclined channels qualitatively conveys the schematics of the movement of any instrument, showing not only possible reversals in the market, but also the goals of further movements!Destroys the myth that the market is alive , clearly showing the schematics of movements from one range to another! A professional tool, suitable for the medium term with the definition of the current trend!
Trend Pulse
Mohamed Hassan
5 (4)
Indicators
Promotion   for   24 hours only   with a   40%   discount on the original price!  Please contact me after purchase to immediately get your PDF strategy + documentation for Trend Pulse !  Introducing Trend Pulse , a unique and robust indicator capable of detecting bullish, bearish, and even ranging trends! Trend Pulse uses a special algorithm to filter out market noise with real precision. If the current symbol is moving sideways, Trend Pulse will send you a ranging signal, letting you kno
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Advanced MTF MACD
Bacha Rehman
Indicators
MACD – multiple timeframes Indicator name: MACDMTF Indicator used: MACD Traditional multiple timeframe indicator always has an issue of REPAINTING, when a trader wants to establish his/her strategy using Multi-Time-Frame (MTF). Generally, you should know how MTF indicator re-paints. But I will explain with the following example: Suppose that you are using traditional MTF MACD (H4) in (H1) chart. At 15:20, the MACD (H4) dropped below water line (0 level). Now, what happens on H1 chart? MACD of C
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TMcandy
75
TMcandy 2017.01.14 03:29 
 

This indicator is very useful with identifying strong trends and avoiding ranging markets. Great tool

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Version 1.3 2019.12.06
A bug has been removed to tackle currencies with 1 or no digits points (e.g. IT40 = 23152.0).
Version 1.2 2014.12.24
MAShift variable is added for Moving Average Shift value (Default value MAShift=0)
Version 1.1 2014.10.08
Added Applied Price: Close, High, Low, Open etc.