Indicators: Multi Averages Slopes

 

Multi Averages Slopes:

Indicator that checks slopes of 5 (different period) averages and adds them up to show overall trend.

Averages that can be used in this indicator are the:

  • Simple Moving Average (SMA)
  • Exponential Moving Average (EMA)
  • Smoothed Moving Average (SMMA)
  • Linear Weighted Moving Average (LWMA)

Author: Mladen Rakic

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