Slope_Direction_Line – indicator MetaTrader 5
The Slope Direction Line indicator is displayed as a colored moving average line indicating the average market movement direction. The indicator has three input parameters: Period – calculation period; Method – calculation method; Applied price – price used for calculations. Calculations: SDL = MA(Vector, Sqrt(Period), Method) where: Vector = 2*MA2 – MA MA2 – MA(Applied … Read more