AngleMeter Pro

Turn market slope into your greatest trading advantage!

Tired of lagging and subjective indicators? AngleMeter Pro is here to revolutionize your chart analysis in MetaTrader 5. Powered by advanced trigonometry and statistical linear regression, it measures the exact trend angle in real time using a striking visual protractor with a continuous color gradient.

Featuring dual-timeframe support for macro context analysis, dynamic bisection channels, an embedded normalized mini-chart, and an interactive multilingual panel, AngleMeter Pro provides surgical precision to spot trend reversals, breakouts, and perfect consolidation zones. Elevate your trading consistency today!

Indicator Overview

AngleMeter Pro is a highly sophisticated, professional indicator engineered for MetaTrader 5 (MT5). Designed for pinpoint precision in analyzing trends, price channels, and market context, it combines advanced trigonometry, linear regression, real-time graphical protractor visual feedback (with continuous color gradients), normalized mini-chart representation, and dynamic bilingual switching (Portuguese/English). It raises the bar for traders across all financial markets (Forex, Equities, Indices, and Crypto).

Key Features & Technical Details

1. Advanced Angle Calculation System (Three Modes):

   • Mode 0 (Max/Min Extremes): Computes the trend angle using the absolute high and low points within the selected anchor period.

   • Mode 1 (Open → Close): Focuses on pure directional variation between the initial opening price and final closing price of the period.

   • Mode 2 (Linear Regression - Recommended): Applies ordinary least squares across the entire closing price series. This is the most statistically robust method, filtering out random market noise to reflect true statistical slope.

2. Professional Graphical Protractor with Continuous Gradient:

   • Intuitive Arc Display (0° to 180°): A fixed, compact on-screen panel simulating an analog high-precision protractor.

   • Dynamic Color Gradient: The needle and arc transition seamlessly — Blue (Strong Bullish) → Yellow (Perfect Consolidation) → Red (Strong Bearish) — providing instant visual clarity on market momentum.

   • Market State & Strength Classification: Automatically categorizes market conditions into Strong, Moderate, or Weak Bullish/Bearish, or Perfect/Slanted Consolidation, calculating strength percentages and angular deviation.

3. Dual Channel System (Anchor Period & Macro Context):

   • Primary Channel (e.g., W1, H1): Plots centerlines (50% range) and deviation bands based on configurable bisections (1, 2, 3, or 4 levels) following the real trend angle (slanted or horizontal lines option).

   • Context Channel (Higher Timeframe, e.g., MN1): Overlays a second channel from a higher timeframe to align trades with the dominant macro-trend.

   • Context Center Correction: Dynamically adjusts the protractor's center point according to higher-timeframe slope (with customizable weighting), significantly enhancing entry accuracy.

4. Normalized Mini-Chart & Interactive Panel:

   • Embedded Mini-Chart: Displays price dynamics inside the channel normalized across both X (time) and Y (amplitude) axes.

   • Instant Language Switcher (PT/EN): Switch seamlessly between Portuguese and English with a single click directly on the panel.

   • Optimized GUI Design: Compact overlay structure with smart positioning and locked header to prevent overlap with native MT5 chart elements.