Angle of Averages
- 지표
- Biswarup Banerjee
- 버전: 2.0
- 활성화: 20
Angle of Moving Averages
This indicator is very simple yet powerful concept which constantly calculate the slope of the current bar moving average with respect to the N bar before moving average value. This no only give a good entry and exit signal but also it shows traders the strength of the signal. It shows positive green histogram when market is moving toward upward direction and red histograms for downtrend. When large histograms found means market has very strong trend.
Inputs Available
- MA Method
| ID | Value | Description |
|---|---|---|
| MODE_SMA | 0 | Simple averaging |
| MODE_EMA | 1 | Exponential averaging |
| MODE_SMMA | 2 | Smoothed averaging |
| MODE_LWMA | 3 | Linear-weighted averaging |
- MA Period
- MA Shift
- MA Price Type
| ID | Description |
|---|---|
| PRICE_CLOSE | Close price |
| PRICE_OPEN | Open price |
| PRICE_HIGH | The maximum price for the period |
| PRICE_LOW | The minimum price for the period |
| PRICE_MEDIAN | Median price, (high + low)/2 |
| PRICE_TYPICAL | Typical price, (high + low + close)/3 |
| PRICE_WEIGHTED | Average price, (high + low + close + close)/4 |
- Bars Before Slope will be calculated
- Signal above positive angle
- Signal below negetive angle
- Allow Notification
- Allow Email
- Allow Alert
