MA slope is the slope of a Moving Average Line. The indicator shows a colored Moving Average. Its color depends on the MA slope between the two key points.
It accepts five input parameters.
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Period - calculation period
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Method - calculation method
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Applied Price-- used in calculations
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Slope - The threshold slope value in points after which the MA colors change
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Slope length- Shift in bars of the key point at the top bar. This is used to determine slope value (difference) between these points.
Calculation
MA = MovingAverage(Applied price, Period, Method)
Diff = MA – PrevMA
PrevMA - MovingAverage(Applied price, Period, Method) Slope length bars ago
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If Diff is greater that Slope, the MA color is green
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If Diff is lower than -Slope
The MA color is red
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Anders
MA is gray
Indicators - Download Instructions
MA Slope MT5 indicator is a Metatrader 5 indicator (MT5). Its purpose is to transform the accumulated historical data.
MA Slope MT5 indicator allows you to spot patterns and peculiarities in price dynamics that are not visible to the naked eye.
This information allows traders to assume additional price movements and adjust their strategies accordingly. Click Here for MT5 Strategies
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How do you add MA Slope MT5 Indiator.mq5 in your MetaTrader5 Chart?
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Download MA Slope MT5 Indicator.mq5
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Copy MA Slope.mq5 Indicator.mq5 into your Metatrader5 Directory / experts/ indicators
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Metatrader 5 Client can be started or stopped
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Choose Chart and Timeframe to test your mt5 indicators
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You can search "Custom Indicators" using your Navigator, which is usually left in your Metatrader Client 5.
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Right click MA Slope MT5 indicator.mq5
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Attach a chart
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Change settings or click ok
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Your Chart has the MA Slope MT5 indicator.mq4.
How do you remove MA Slope Indicator.mq5 From Your Metatrader 5 Chart.
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Select the Chart in which the Indicator is running in your Metatrader Client 5.
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Right-click to open the Chart
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"Indicators list"
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Select the indicator and click delete
MA Slope Indicator MT5 (Free Download)
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www.forexmt4indicators.com/ma-slope-mt5-indicator/?utm_source=rss&utm_medium=rss&utm_campaign=ma-slope-mt5-indicator
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