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The Slope

4.25

The Slope is an MT4 indicator that calculates the slope of the price, and draws a histogram so you could see when it's positive, negative, or ranging.


Key Features:

  • Calculates Slope of the Line Chart
  • Shows the numbers as a Histogram below the chart
  • Choose Different Periods for calculating the slope.
  • Sends Alerts and Push Notifications when slope changes direction

Settings:

CalculationPeriod: The number of bars used to calculated the slope (for example, if CalculationPeriod = 10, The Slope will calculate the slope of the last 10 bars).
GetAlerts: true/false. If set to true you will receive Alerts on Mt4 when the slope of the current chart changes direction (positive/negative).
PushNotifications: true/false. If set to true you will receive Push Notifications on your phone when the slope of the current chart changes direction (positive/negative).
DrawArrows: true/false. If set to true Arrows will be drawn on the main chart one bar after the slope switches directions.

Get a Multi-Currency, Multi-Timeframe scanner of The Slope here:
https://www.mql5.com/en/market/product/38800

If you like the indicator, please don't forget to leave a review.

Watch my live trading videos here:
Youtube Channel: nelhajj trading
Comentarios 6
rainwalker123
3363
rainwalker123 2019.09.30 05:21 
 

Thank you very much, for providing help to other traders here in the forum, with such a great indicator, which can be adjusted to the own strategys

Many green pips to the author

sunnychow
8663
sunnychow 2019.05.24 19:50 
 

thanks for share

Martin Brown
706
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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BUY INDICATOR AND GET EA FOR FREE AS A BONUS + SOME OTHER GIFTS! ITALO LEVELS INDICATOR  is the best levels indicator ever created, and why is that? Using high volume zones on the market and Fibonacci the Indicator works on all time-frames and assets, indicator built after 7 years of experience on forex and many other markets. You know many levels indicators around the internet are not complete, does not help, and it's difficult to trade, but the   Italo Levels Indicator is different , the Ital
El indicador de reversión de ADR le muestra de un vistazo dónde se cotiza actualmente el precio en relación con su rango diario promedio normal. Recibirá alertas instantáneas a través de una ventana emergente, correo electrónico o push cuando el precio exceda su rango promedio y los niveles por encima de su elección para que pueda saltar rápidamente a retrocesos y reversiones. El indicador dibuja líneas horizontales en el gráfico en los extremos del rango promedio diario y también extensiones p
First of all Its worth emphasizing here that this Trading Tool is Non-Repainting, Non-Redrawing and Non-Lagging Indicator, Which makes it ideal for professional trading. The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders. It packs more than 20 useful indicators into one, combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies. This indicator focuses on Smart Money Concepts, providing i
Up Down V9
Guner Koca
5 (1)
indicator is no repaint trend indicator. when red stars up to line that is probably end of long trades. when blue stars up to line that is probably end of down trades. indicator can use all pairs and lower than weekly charts, to use weekly chart need to at least 500 bars data on back.and lowering processing value 500. it is also suitable for 1m charts. indicator hold long way to go. there is not too many signals.
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Filtro:
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
2702
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
706
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
3363
rainwalker123 2019.09.30 05:21 
 

Thank you very much, for providing help to other traders here in the forum, with such a great indicator, which can be adjusted to the own strategys

Many green pips to the author

sunnychow
8663
sunnychow 2019.05.24 19:50 
 

thanks for share

Respuesta al comentario
Versión 1.2 2020.07.20
Chart comment removed
Versión 1.1 2019.06.04
Added the option to draw arrows on the main chart when slope switches directions.