Angle

Channel and the angle of its inclination using the least squares method – indicator MetaTrader 4

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Channel and the angle of its inclination using the least squares method - indicator for MetaTrader 4
A line y=ax+b can be drawn through a set of points, and the distance from each point to the line will be approximately balanced. To plot the HighLine and LowLine lines it uses the set of High and Low points, respectively, for the MyPeriod period. If the CalculateDeflection parameter is enabled, then two more lines … Read more

Trend Line By Angle – EA MetaTrader 4

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Trend Line By Angle - expert for MetaTrader 4
With “Trend Line By Angle” EA you can draw Trend Line By Angle on the chart and trade with price breakthrough or trend,has 3 buttons for manual trading and allows to predetermine trailing stoploss & take profit, open and close all trades at once. USEMOVETOBREAKEVEN  system functions like a stop loss But a one-time function with … Read more

Correlation angle – indicator MetaTrader 5

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Correlation angle - indicator for MetaTrader 5
General description : In his June 2020 TASC article “Correlation as a cycle indicator” John Ehlers describes one possible way to determine trend in the markets His article describes 3 possible ways of determining the trend and here we shall post all the 3 possible ways  This version : this version is showing the “angle” … Read more

Custom Angle Trendline – indicator MetaTrader 5

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Custom Angle Trendline - indicator for MetaTrader 5
Sometime we have to work with Custom Angles based trendline for price action analysis e.g. 45 degree angle is considered more important for up or down trend. This indicator will help you by drawing a trendline which will match your custom angle on last input number of bars First Right click on chart > Go … Read more