MA Angle Trend Indicator: Filter for Trend Trading Strategies

MA Angle trend indicator is based on moving average. The indicator calculates the angle of slope of the moving average to the horizontal line on each candle in the chart and on this basis draws conclusions about the current trend.

The MA Angle indicator is a histogram, the color of its bars depends on the current trend:

  • Columns of red color - a downtrend;
  • Green bars are an uptrend;
  • Columns of red color - a flat.
MA Angle trend indicator
MA Angle trend indicator

According to the experts of fortrader.org magazine, the MA Angle indicator can be used as a filter in trend trading strategies. The efficiency of the indicator will increase if add the MTF function to it.

Download MA Angle indicator

Other trend indicators

 Supertrend Plus indicator
Trend indicator Supertrend Plus with indication of points for entering the market
Trend indicator Heiken Ashi MA jurik new_alerts
Trend indicator Heiken Ashi MA jurik new_alerts
 MA Cross indicator histo_mtf+alerts nmc
MA Cross indicator histo_mtf+alerts nmc: best use of moving averages

One Comment

Leave a Reply

Back to top button