MA Angle Indicator

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Ulises Cune
  • updated

Hello,

I have created this indicator that shows on each candle the value of the "Angle" of the MA as used in CommunityPower

https://communitypowerea.com/docs/signals-and-filters#ma-filters


Doc:

  • Buy on rising MA / Sell on falling MA:
    • BUYs are allowed if the MA rises with a slope >= Angle
    • SELLs are allowed if the MA falls with a slope >= Angle

Slope is calculated as (MA[1] - MA[2]), meaning that the MA should change by Angle points per bar to generate a signal

Image 6196

MT5:

MA_Angle.ex5
MA_Angle.mq5

Any improvements to the code, please share.

Replies 5
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Andrey Khatimlianskyi

Thank you for your contribution!

I would draw the negative slope in a different color ;)

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Ulises Cune

Hi Andrey,

Here is the improvement.

Image 6204

MA_Angle.ex5
MA_Angle.mq5

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1
Ulises Cune

This is how it would be used

Image 6210

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Ulises Cune

The indicator has an issue that does not "Refresh" when it is on a live chart, you have to press the "Refresh" button to show the value of the last candle. I don't know how to fix it, if anyone knows, can you help.

Image 6225

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Andrey Khatimlianskyi
Quote from Ulises Cune

The indicator has an issue that does not "Refresh" when it is on a live chart, you have to press the "Refresh" button to show the value of the last candle. I don't know how to fix it, if anyone knows, can you help.

Image 6225

Check indexes here: 

for (int i = limit - 1; i >= 2; i--)

You need to calculate all the bars up to bar #0 and refresh it on every tick. With new bar arrived, you need update bar #1 and bar#0 again.
Look for example of indicators in mql5 codebase.