Abiroid COG Slope

This is a slope indicator for COG (Center of Gravity) indicator.

 

Download extra COG Indicators and read detailed description and strategy here:

https://www.mql5.com/en/blogs/post/759120


Description:

You can set the Slope Threshold for indicating Buy/Sell heightened levels. In the above Image the Threshold is set to 0, because of that all Bullish slope is Green and Bearish is Red.

Suppose we set Threshold to -10 and 10, then this is what we get:

And also set Slope Period. Default is 5, which means it will measure the COG values for past 5 bars and find the Slope based on time for past 5 bars.

You can also get Alerts when slope changes. Alerts can be Popups, Push Notifications, Email or in a File.

Also get COG Slope in Buffer values for specified COG bars back.


What slope means:

If slope is red, it indicates that COG lines are sloping downwards, and price is in downwards trend.

So only trade sell signals.

If slope is Green, it indicates COG lines are sloping upwards and price is in upwards bullish trend.

So only trade buy signals.

The main COG Indicator smoothes the lines, so slope will also be smoothed. Because it is based on middle band.

To see what the COG actually looked like at a bar, use JB COG version. Which will give actual slope. 

But smoothed COG is good to see overall how market is trending. 


Example COG Strategy:

Slope Period: 5. Slope Threshold: 15,-15

COG Bars back 240. And rest are all default values.


Bullish:

Wait for price to cross Lower most band. And then wait for MA OC Up Arrow.

For strong trades, only trade if slope is Green. For Medium signal: trade if slope is White or Green

 

Bearish:

Wait for price to cross COG Upper most band. And then wait for MA OC Down Arrow.

For strong signals, only trade if slope is Red. For Medium signal: trade if slope is White or Red


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Volatility Trend System - a trading system that gives signals for entries. The volatility system gives linear and point signals in the direction of the trend, as well as signals to exit it, without redrawing and delays. The trend indicator monitors the direction of the medium-term trend, shows the direction and its change. The signal indicator is based on changes in volatility and shows market entries. The indicator is equipped with several types of alerts. Can be applied to various trading ins
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Trend Sniper Super Indicator is one of the best indicator which can provide you will perfect signals for short term and long term trades. This indicator is suitable for both scalping and swing trading strategies. The indicator is over 85% accurate. It uses terminal Message Alerts, Emails and Push notifications to your mobile device to inform you about the new trading opportunities and it will calculate the take profit and stop loss level for you. All you will need to do is to place a trade. Subs
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KEENBASE SOFTWARE SOLUTIONS
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Most arrow indicators give you a signal and leave you to figure out the rest. KT Alpha Hunter Arrows gives you the full trading plan. Every signal arrow prints with a full plan already drawn: entry line, stop-loss, four take-profit levels, and a live edge verdict telling you whether this symbol and time-frame is worth trading right now. An included Trade Manager EA handles the execution after you enter, so discipline stays intact when the market gets loud. Non-repaint. Closed-bar signals only. B
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Abiroid Customizer Arrow
Abir Pathak
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About: Get Free Scanner and example Strategies And understand detailed description here: https://www.mql5.com/en/blogs/post/759237 And also get example wrappers from above post. You can make your own wrappers if your indicators have complex conditions or for In-Built MT4 indicators. Features: - Specify your own Custom Indicator - Specify Buffer values and create Variables - Use those Variables to create your own Buy/Sell Conditions - Get Arrows Up/Down Signals - See Arrows Signals in Scanners
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Devonish
3253
Devonish 2024.11.12 23:08 
 

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Abir Pathak
53025
Reply from developer Abir Pathak 2024.11.13 05:44
Thank you :)
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