The Tangens Ma indicator is similar to the moving average. Its peculiarity is that it calculates the slope of a trend line tangent to the moving average. If the moving average incurves upwards, the tangent grows and assumes positive values. If the moving average falls, the tangent becomes negative. The tangent saves values in the second buffer of the indicator which can be viewed in the Data Window.
The indicator settings:
- MA_Period_ - moving average period
- MA_Shift - shift relative to the chart
- MA_Method_ - averaging method
- MA_Price - price used
- Step - step