Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 5 Indicator | Simple_Slope

Oscillating indicator Simple slope is a simple price-trend oscillator. It is good at removing the trend-related component from price movements.

It has one adjustable parameter:

  • Period - calculation period

Calculations:

SS = (Close - Close[Period]) / Period

MetaTrader Experts, Indicators, Scripts and Libraries

22695