OPEN-SOURCE SCRIPT
Mis à jour

Moving Average Slope [aamonkey]

32 654
This indicator tries to identify ranging and trending markets.

It measures the angle of a Moving Average in order to filter out ranging markets.

The idea is to only enter a trend following trade if the slope is steep enough.


In order to create this indicator, I used a strategy script from bennef called "Trend Angle BF" and slightly modified it to transform it from an entry/exit indicator to a filter.

The calculations are based on Evergrets "Jurik MA" and angle calculation by KyJ.
Notes de version
Thx to ahancock I removed redundant code
Notes de version
Updated picture

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.