The AMA SLOPE stock indicator measures the slope of an adaptive moving average AMF (Adaptive Moving Average)
HTF or Higher Time Frame: option to select a time frame different from the current time frame for calculating the 'indicator.
The technical analysis of several time frames allows the investor to identify the general trend of the market in the short term and long term to anticipate the points of entry and exit of the trade with a global vision of the market.
If the signals correspond to the different time frames, The probability of success increases: the trading signal is stronger and more reliable.
Included
ama_slope_htf.mq5
ama_slope.mq5
Online Broker - Broker Exchange : Platform Trading Metatrader MT5
Interpretation Rules - Trading Signals
* Purchase signal : Sentiment trend bullish
. The curve AMA SLOPE crosses upwards the level 0, the angle of the slope of the moving average is positive - Bull trend
. The AMA SLOPE curve is up
* Sales signal: Sentiment trend down
. The curve AMA SLOPE crosses down to level 0, the angle of the slope of the moving average is negative - Trend decreases
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The curve AMA SLOPE is down Learn more about the rules and trading signals:
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