The Slope

4

Overview

The Slope is a simple MT4 indicator that calculates the slope of recent price movement and displays it as a histogram below the chart.

It is designed to help traders read whether recent price movement is positive, negative, or relatively flat. The indicator can be used as a visual momentum and direction filter alongside the trader's own chart analysis.

Key Features

  • Calculates the slope of recent price movement.
  • Displays positive and negative slope values as a histogram.
  • Allows the calculation period to be adjusted.
  • Can show alerts when the slope changes direction.
  • Can draw arrows after a slope direction change.

Settings

CalculationPeriod: The number of bars used to calculate the slope.

GetAlerts: Enables or disables terminal alerts when slope direction changes.

PushNotifications: Enables or disables mobile push notifications when slope direction changes.

DrawArrows: Enables or disables chart arrows after a confirmed slope direction change.

Important

This indicator is a decision-support tool. It does not predict future price movement and does not guarantee trading results. Use it together with your own analysis, execution rules, and risk management.

Reviews 6
sunnychow
9043
sunnychow 2019.05.24 19:50 
 

thanks for share

Martin Brown
813
Martin Brown 2019.11.07 18:41 
 

Very good tool. If you tweak the inputs, can give you one of the very first indications that market is changing directions.

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TREND LINES PRO    helps understand where the market is truly changing direction. The indicator shows real trend reversals and points where major players re-enter. You see   BOS lines   Trend changes and key levels on higher timeframes — without complex settings or unnecessary noise. Signals don't repaint and remain on the chart after the bar closes. VERSION MT 5     -     Reveals its maximum potential when paired with the   RFI LEVELS PRO  indicator What the indicator shows: Real shifts   tren
Peak Formation Dashboard Pro MT4
Sarika G Talekar
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The Propfolio Master Suite is the ultimate all-in-one analytical workstation for professional traders. Combining the power of the Beat The Market Maker (BTMM) methodology, Smart Money Concepts (SND/Liquidity), and Advanced Volume Profile, this suite replaces multiple different indicators with one optimized engine. Monitor up to 14 pairs simultaneously from a single chart, instantly identify market cycles, and seamlessly map institutional footprints with the click of a button. The Command Center
RFI levels PRO
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The indicator accurately shows the reversal points and price return zones where the   Major players . You see where new trends are forming and make decisions with maximum precision, maintaining control over every trade. VERSION MT5     -     Reveals its maximum potential when combined with the   TREND LINES PRO   indicator What the indicator shows: Reversal structures and reversal levels with activation at the beginning of a new trend. Display of   TAKE PROFIT   and   STOP LOSS   levels with mi
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Overview The M.O.D.E stands for Multiple Oscillator Divergence Exit . It is an MT4 indicator that checks for divergence between price and multiple oscillators. The purpose is to help traders observe potential weakening in the current price movement when price and oscillator behavior disagree. The indicator was originally designed as an exit and warning tool, but traders may also use it as a divergence reference within their own analysis process. Key Features Checks divergence across multiple osc
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Overview The Sextet is an MT4 trend-alignment indicator based on a sequence of six moving-average levels. Each level is calculated from the previous one, creating a layered view of trend structure. The indicator marks conditions where the moving-average levels align in order, which can help traders observe trend direction and trend organization more clearly. Key Features Displays six moving-average levels. Uses a layered moving-average sequence. Helps visualize trend alignment and directional st
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amir6113
14
amir6113 2022.02.09 00:03 
 

very good

forexva
124
forexva 2021.04.02 22:20 
 

One of a set of lagging indicators!

cvdestyfx
2925
cvdestyfx 2020.07.20 00:31 
 

Useful indicator. But be careful! Just because you get an arrow it doesn't mean you should place a trade. Other things should be considered before placing a trade, such as the direction of the trend from a higher timeframe. Publisher is responsive to questions/issues.

Martin Brown
813
Martin Brown 2019.11.07 18:41 
 

Very good tool. If you tweak the inputs, can give you one of the very first indications that market is changing directions.

rainwalker123
3430
rainwalker123 2019.09.30 05:21 
 

User didn't leave any comment to the rating

sunnychow
9043
sunnychow 2019.05.24 19:50 
 

thanks for share

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