Индикатор Форекс Slope

That being said, the results we post in these blogs should never be considered specific trading advice.

***Note: Remember, never use just this one indicator as your decision of whether to open or close a trade. It should be part of a system.

Our only goal is to make you a better trader.

BTW &#; Any information communicated by Stonehill Forex Limited is solely for educational purposes. The information contained within the courses and on the website neither constitutes investment advice nor a general recommendation on investments. It is not intended to be and should not be interpreted as investment advice or a general recommendation on investment. Any person who places trades, orders or makes other types of trades and investments etc. is responsible for their own investment decisions and does so at their own risk. It is recommended that any person taking investment decisions consults with an independent financial advisor. Stonehill Forex Limited training courses and blogs are for educational purposes only, not a financial advisory service, and does not give financial advice or make general recommendations on investment.

Crossover strategies are proven to be good strategies that allows traders to enter a trade when a trend is confirmed to have ended and would have a high chance of reversing. However, even though these types of strategies are used entering and exiting trades, it is usually not used to protect profits.

This simple strategy is based on a simple crossover of two indicators while using the same indicator to protect profits or exit trades.

The Slope Direction Line

The Slope Direction Line indicator is an indicator that assists in identifying trends, which is based on 80 periods. The slope direction line is also a smoothed trend indicator which gives it a less reactive characteristic. It also has an added feature wherein the Slope Direction Line changes color as the angle of the slope changes. An upward sloping Slope Direction Line would be colored light blue, while a downward sloping Slope Direction Line would be tomato colored.

Given these characteristics, the Slope Direction Line would be our intermediate trend indicator.

The sMAMA Trend Indicator

On the other hand, the sMAMA trend indicator is a combination of two fast moving and reactive lines. The faster line is colored blue, while the slower line is colored red. These two fast moving lines of the sMAMA trend indicator will be our basis for our short-term trend.

The Buy Setup – Entries, Stop Losses & Exits

This strategy will be based on the crossing over of the three lines and the confirmation of the intermediate trend.

Entry Rules – Buy Setup

1. The red and blue lines of the sMAMA indicator is crossing over the Slope Direction Line going above it or is already above it.
2. The faster blue line is over the slower red line.
3. The Slope Direction Line is colored light blue indicating that the intermediate trend is sloping upwards.

These conditions indicate that the trend is confirmed to have changed and that price is being pressured up. Once these rules are checked, a buy setup could be entered.

Stop Loss: The stop loss should be placed on the most recent swing low where price could take off from.

Trailing Stop Loss: The stop loss should be trailed just a few pips below the Slope Direction Line as soon as the trade is already in profit even if stopped out on that area.

On this trade, price was contracting creating a small ranging structure at the bottom of the chart. As price started to punch through the minor resistance, the blue and red lines of the sMAMA indicator also crossed over the Slope Direction Line. However, the Slope Direction Line still hasn’t changed to light blue. As soon as the Slope Direction line changed color, the intermediate trend was also confirmed, and price broke off the minor range rallying upwards. This trade risked only 33 pips, while gaining pips, on the H4 chart. This swing trade had more than risk reward ratio. Even if only 1% of the account was risked on the stop loss, the account would have gained 9% in a single trade.

The Sell Setup – Entries, Stop Losses & Exits

Entry Rules – Sell Setup

1. The red and blue lines of the sMAMA indicator is crossing below the Slope Direction Line or is already below it.
2. The faster blue line is below the slower red line.
3. The Slope Direction Line is colored tomato indicating that the intermediate trend is sloping downwards.

Stop Loss: The stop loss should be placed on the most recent swing high where price could drop from.

Trailing Stop Loss: The stop loss should be placed a few pips above the Slope Direction Line as soon as the trade is in profit even if stopped out in that area.

This trade also came from a range, contracting right after a downtrend. However, price did resume its downtrend. The Slope Direction Line first changed color indicating that the intermediate downtrend might resume. However, that time the red line still hasn’t crossed the Slope Direction Line. As soon as the red line crossed below the Slope Direction Line, the trade was entered. Price did have a minor retracement after the entry but soon after, the downtrend resumed.

The stop loss for this trade risked 59 pips, however it gained pips on the H1 chart. That would be a risk reward ratio. If 1% of the account was risked, the account would have grown %.

Conclusion

This strategy has its pros and cons.

Like most crossover strategies, the trade is entered not at the optimal point where price reversed, but a few candles after that. This is because this strategy would have the trader wait for the confirmation of an intermediate trend reversal prior to entering the trade. At times, this would cause a wide stop loss, which might affect the risk reward ratio. This is usually the case when a long reversal candle is part of the reversal candlestick pattern. The advantage is that the trend is entered on a confirmed trend change. This means that it is more likely that the trade would be profitable if the market doesn’t enter a range.

Another setback would be that the strategy would not work in a ranging market. Price may whipsaw both indicators, giving false signals. However, if on a ranging market, other strategies may be employed.

Its main advantage though is that since the profit is exited using a trailing stop based on the Slope Direction Line, if the market starts to trend, the whole rally or drop would be captured. It is only when the trend has ended, when the trade is stopped out in profit.

Overall, if used correctly during trending markets, this strategy would be very profitable.

Forex Trading Systems Installation Instructions

This strategy is a combination of Metatrader 4 (MT4) indicator(s) and template.

The essence of this forex system is to transform the accumulated history data and trading signals.

This strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust this system accordingly.

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How to install this MT4 Strategy?

• Download the zip file
• Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
• Copy tpl file (Template) to your Metatrader Directory / templates /
• Start or restart your Metatrader Client
• Select Chart and Timeframe where you want to test your forex system
• Right click on your trading chart and hover on &#;Template&#;
• Move right to select MT4 Strategy
• And you will see the strategy setup is available on your Chart

*Note: Not all forex strategies come with mq4/ex4 files. Some templates are already integrated with the MT4 Indicators from the MetaTrader Platform.

Click here below to download:

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Currency Slope Strength_RSI_v is a mt4 (MetaTrader 4) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits.

(downloadable file Currency Slope Strength_RSI_vrar contains Currency Slope Strength_RSI_vex4 & Currency Slope Strength_RSI_vmq4)

Free Download Currency Slope Strength_RSI_v forex Mt4 Indicator

How to install Currency Slope Strength_RSI_v mt4 indicator in forex trading platform metatrader 4?

Extract the downloaded Currency Slope Strength_RSI_vrar.

Go to “File menu” in Mt4 trading platform and click “open data folder”. Open Mql4 folder and open the indicators folder. Now paste the Currency Slope Strength_RSI_vmq4 and Currency Slope Strength_RSI_vex4 files into indicators folder and restart the MetaTrader 4.

There are many indicators on the IQ Option platform, and we frequently discuss the most popular ones, as they are generally easier to understand and widely used by traders. However, there are plenty of indicators that are a bit more advanced and tailored to certain needs of particular traders. Today we will talk about one of them — the Linear Regression Slope indicator. Though it does suggest a slightly more complicated structure, it is not hard to figure out, so let’s break it down step by step.

How does it work?

The Linear Regression Slope is a statistical tool, which means that it uses past performance to help predict the future price fluctuations. It is an oscillator that smooths the chart data with a moving average of the chosen period and forms regression lines ending at each bar, using the regression period specified. 

The indicator measures the direction, as well as the strength of the trend. It consists of the indicator line that oscillates about the base line of 0 value. When there is an uptrend, the slope is generally positive and moves above the 0 point. When the asset is in a downtrend, the oscillator signals it by sloping below the base line. Periods of a strong trend can also be spotted in the rapid movements of the indicator.

However, it is important to note in such a case that past performance cannot always be an indicator of future performance.

How to use Linear Regression Slope in trading?

Traders may use the Linear Regression Slope indicator to define the direction of the trend, as well as its strength. 

In the example above it is shown how the sharp drop in price is reflected in the indicator’s movement. At the moment of the drop the indicator falls below , later on the trend is still negative, however less strong and the indicator returns to above but below 0.

Though the example shows a larger timeframe (the candlesticks are set at 8 hours), this indicator may be efficiently used on shorter timeframes, too. As it is a lagging indicator, it is best combined with leading indicators like Moving Averages for a possibly more accurate chart analysis. Traders may also use such indicators as the Stochastic Oscillator to find entry points for deals. 

These three indicators are used to confirm an ongoing downward trend on EUR/USD in the example below.

It is important to note, however, that past performance is not an indicator of future price development and there are never % guarantees of accuracy; therefore, a trader needs to stay alert and utilize risk management tools along with the strategy.

How to set it up?

To set up the indicator, simply find it in the Trend section in the indicators menu. 

This tool has its default settings, but more advanced traders can change the period of the indicator: normally, the higher the period used for the indicator, the more significant the measurement is. It all depends on the strategy that a trader is pursuing.

What Is the Positive Directional Indicator (+DI)?

The Positive Directional Indicator (+DI) is a component of the Average Directional Index (ADX) and is used to measure the presence of an uptrend. When the +DI is sloping upward, it is a signal that the uptrend is getting stronger.

This indicator is nearly always plotted along with the Negative Directional Indicator (-DI).

Formula for the Positive Directional Indicator (+DI)

​+DI=(ATR S +DM​)×where:S +DM=Smoothed +DM+DM (Directional Movement)=Current High−PHPH=Previous HighS +DM=(∑t=​+DM)−(14∑t=​+DM​)+(C +DM)C +DM=Current +DMATR=Average True Range​

How to Calculate the Positive Directional Indicator (+DI)

1. Calculate +DI by finding +DM and True Range (TR).
2. +DM = Current High - Previous High.
3. Any period is counted as a +DM if the Current High - Previous High > Previous Low - Current Low. Use -DM when Previous Low - Current Low > Current High - Previous High.
4. TR is the greater of the Current High - Current Low, Current High - Previous Close, or Current Low - Previous Close.
5. Smooth the periods of +DM and TR using the formula below. Substitute TR for +DM to calculate ATR. [The calculation below shows a smoothed TR formula, which is slightly different than the official ATR formula. Either formula can be used, but use one consistently].
6. First period +DM = Sum of first 14 +DM readings.
7. Next period +DM value = First 14 +DM value - (Prior 14 DM/14) + Current +DM
8. Next, divide the smoothed +DM value by the ATR value to get +DI. Multiply by

What Does the Positive Directional Indicator (+DI) Tell You?

Traders will typically follow the position of +DI versus -DI. When +DI is greater than -DI there is said to be a bullish trend. Thus, when +DI crosses above -DI it signals the potential for a new price uptrend.

When -DI is above +DI the price is in a bearish trend. When -DI crosses above +DI it could signal the start of a downtrend in price.

The +DI and -DI, combined, are called the Directional Movement Index (DMI). This system can be enhanced by the addition of the Average Directional Index (ADX).

ADX shows the strength of a trend. Wilder reported that a strong trend can be evident when the Average Directional Index is greater than 20, and especially

In this way, all the lines can be used together. When the ADX is above 20, and the +DI is above (or crossing) -DI then long trades should be favored. When ADX is above 20 and the -DI is above (or crossing) +DI then short trades should be favored.

The Differences Between the Positive Directional Indicator (+DI) and a Moving Average

While the +DI tracks positive price movements, there are several differences between it and a moving average. A moving average is the average price of an asset over a set time period. The +DI is only factoring in the current high minus the prior high, when applicable. Due to the calculation differences, a moving average will provide different information to a trader than the +DI.

Limitations of Using the Positive Directional Indicator (+DI)

Used on its own, the +DI indicator doesn't reveal much. In order to provide value, it is combined with the Negative Directional Indicator (-DI). This way, traders can gauge which direction has more force and also spot crossovers that may signal new trends.

A third line, called the ADX, is also often added. This line shows trend strength by taking a smoothed average of the difference between +DI and -DI.

Even with these additional lines, the indicator can still produce faulty signals. Crossovers may occur but no trend in price develops. Also, the indicator is looking at historical prices and therefore isn't necessarily predictive of where prices will go next.

The TMA Slope NRP Alerts Indicator generates short-term trend reversal signals for forex day traders in MT4 platforms.

Technically, TMA Slope NRP is a non-repaint indicator and works quite similarly to MACD histogram oscillators. It only takes to follow the changes in the color of the TMA slopes and the value of its histogram bars for anticipating upcoming trend signals.

TMA Slope NRP Alerts Indicator for MT4 Overview

Compared to other basic MT4 trend indicators, TMA Slope NRP Alerts are easier to understand and follow.

If you can spot the changes in the TMA slope’s color and can read whether its histogram value is positive or negative, you are good to go with the indicator in live markets.

TMA Slope NRP Alerts Indicator for MT4 Explanation

The TMA slope applies a period fast-TMA and a period slow-TMA for accumulating the price data. It generates the bullish/bearish trend signals depending on the difference between the TMA values.

The TMA-bar’s show positive value while the TMA-slope turns blue signals the beginning of a bullish price rally. During an uptrend market, the slope turns red when the current bullish momentum starts getting weaker.

While day trading, we’ll consider an opposite momentum signal from TMA-slope as an early trade-exit signal. Otherwise, you may wait for an adverse crossover for better confirmations. If you don’t use specific target levels and love letting your trade run, then exiting the trades depending on the TMA-slope signal can bring you a better profit margin.

Check Out: How to Install Indicators in MetaTrader 4

TMA Slope NRP Alerts Indicator: Buy Conditions

• The TMA-bars spike above zero-level
• The TMA-slope turns blue
• Exit buy orders when the slope turns red, and the indicator value starts declining

TMA Slope NRP Alerts Indicator: Sell Conditions

• The TMA-bars drop below the zero-level
• The TMA-slope becomes red
• Exit short when the slope turns blue and the bars keep closing higher simultaneously

TmaSlope.v Normalized is a mt4 (MetaTrader 4) indicator and it can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits.

(downloadable file TmaSlope.v eunic-brussels.eu contains TmaSlope.v eunic-brussels.eu4 & TmaSlope.v eunic-brussels.eu4)

Free Download TmaSlope.v Normalized Mt4 Indicator

How to install TmaSlope.v Normalized mt4 indicator in forex trading platform metatrader 4?

Extract the downloaded TmaSlope.v eunic-brussels.eu

Go to “File menu” in Mt4 trading platform and click “open data folder”. Open Mql4 folder and open the indicators folder. Now paste the TmaSlope.v eunic-brussels.eu4 and TmaSlope.v eunic-brussels.eu4 files into indicators folder and restart the MetaTrader 4.

Table Of Contents:

1. Trading with the TMA slope indicator
2. How does the Triangular Moving Average (TMA) work?
3. How to use the TMA slope indicator?
4. How to trade with the TMA slope indicator?
5. The TMA Slope Indicator – Conclusion

The TMA slope indicator is a customized oscillator that is used as a trading system. The indicator is known for capturing the trends in the markets in a nice and visually appealing way. Not much of information is known about the development of the TMA slope indicator. For many traders, this doesn’t matter as long as any indicator can prove its mettle.

The name TMA comes from Triangular Moving Average. Similar to other moving averages, the Triangular Moving Average or TMA plots the moving average of the price of the security over a period of time. In a way, the TMA is nothing different from the regular moving averages used.

In order to understand how the TMA slope indicator works, it is ideal that the traders understand a bit of the calculation of the TMA indicator. The TMA indicator is not commonly found on standard trading platforms.

However, fret not as the trading community has come up with different customized indicators of the TMA. One such variation of the TMA is the TMA slope indicator. As the name suggests, the TMA slope measures the slope of the TMA.

There is nothing complex behind this oscillator. For example, you could even construct an exponential moving average slope indicator. The general reasoning behind the slope of the moving average is as follows.

When the moving average is sloping at an angle (to the upside or down), it indicates a strong trend in the market. The more the moving averages slope, the higher the chances that price of the security will continue to maintain the trend.

The first chart below shows a simple example of an exponential moving average. You can see how the strong trends are established and as represented by the slope of the moving average.

Slope of an exponential moving average

The areas represented by the rectangular boxes shows when the moving average turns flat. This happens when prices tend to chop around thus making the average prices to remain trading within a certain price range.

As a result of this, the moving average values do not change much and leads to a rather flat direction.

Thus, calculations can be derived by comparing one moving average value against the other and then constructing the slope. Using an oscillator, the slopes can then be designed as a histogram. This will give a visual depiction of the slope of the moving average.

Traders are then able to view the slope and understand how strong the trend of the price of the security is going to be. As you can see from the above chart, when the moving average slope starts to turn flat, it indicates that prices are not moving very far away from the average price.

Thus, this tells the trader that the markets are trading in a sideways range. This helps trend traders to either adjust their positions by booking some profits or wait for the sideways range to settle before entering into the new trend that will form.

The slope of the moving average basically shows the different phases of the markets. The markets tend to move in and out from the accumulation or consolidation phase and then switches to a distribution phase.

Trends are usually flat when the market moves into the accumulation or consolidation phase. This phase usually occurs when the markets are moving sideways. After this period, it results in a breakout in the price.

This breakout starts the new distribution phase. The distribution phase is the start of the trend (either an uptrend or a downtrend).

How does the Triangular Moving Average (TMA) work?

The Triangular moving average is based upon the initial calculation of a simple moving average. A simple moving average as you know is literally the simplest of all moving averages. If you have three variables, then the average of these three is nothing but the average value.

With a triangular moving average, the first step is to calculate the simple moving average of the price for the last N periods of time. Then, as the values are calculated when new price sessions are formed, these are all averaged once again.

In other words, the Triangular Moving average is a moving average of the simple moving average. One might wonder the need for creating another moving average of an existing moving average. This leads to a smoothing of the initial moving average itself.

Depending on how you see it, a double smoothed average indicator tends to lag quite a bit. Unlike a regular moving average which simply averages the price, a double moving average requires a lot more to react to the developing price.

For some, which can help to cut out the noise. But others might view this as a very lagging indicator that fails to capture the real time price movements. To each his own! This depends on how you wish to trade in the markets. It also comes down to your risk tolerance about the markets.

Therefore, it is important to note that if you are looking for an indicator that is quick to react to prices, then the TMA or the Triangular Moving Average is certainly not the tool that you should be using.

But if you prefer the markets to cut out the noise and are able to tolerate the volatility in the markets, the TMA can smooth out the trends for you.

How to use the TMA slope indicator?

As we mentioned earlier, the TMA slope indicator is not a standard indicator that is available on many trading platforms by default. Therefore, you can download the indicator from this article.

After you download the TMA slope indicator, paste it into the indicators folder of your MT4 trading platform. Restart your MT4 trading platform or simply refresh the navigation window in order for the MT4 trading terminal to pick up the new indicator.

Once the indicator is available in the navigation window, you can then double click or just drag it on to the chart of your choice. You will now be presented with the TMA slope indicator’s configuration window.

TMA Slope Indicator Configuration

The configuration settings for the TMA slope indicator is fairly straight forward. As per the configuration window for the TMA slope indicator seen above, the following settings are used.

The fast and slow TMA is the same configuration as how you would set the fast and the slow moving average. Note that the TMA is a smoothed indicator, so it is ideal to choose your settings wisely. Setting large values can lead to a lot of lag on the indicator.

The default settings are 50 and But you can change these settings to anything of your choice. It would be ideal to use the 50 and 20 period TMA settings on the daily chart for example. This allows you to view the period and the period TMA.

The TMA price setting allows you to choose from a variety of price points for calculations. You could use the open, high, low, close, median price for example. The default is set to 5, which simply means the median price.

The median price is calculated as the average of the open, high and close. You could experiment with this setting. It doesn’t make much difference to the TMA except for a few points of change on the oscillator.

The hi and low settings basically allows you to setup the alerts. When the TMA is above + or below , you will get the alerts.

Once the TMA is applied to the charts, this is how it looks like.

TMA Slope Indicator Configuration

As you can see, the oscillator shows buy and sell signals in a visually appealing way. There isn’t much of configuration left to be done, except for how to send the alerts and the type of alerts you want to receive.

The TMA slope indicator, in a way looks similar to other oscillators such as the Awesome oscillator. However, bear in mind that the way the oscillator’s values are calculated are quite different. Do not make the mistake of thinking that the TMA oscillator is the same as other similar looking indicators.

The crossover of the zero line basically depicts the crossover of the Triangular moving average, in a bearish or a bullish fashion.

How to trade with the TMA slope indicator?

There are many different ways to trading with the Triangular moving average slope indicator. For starters, the zero line crossing is the most simplest. With this approach, traders buy or sell depending on when the TMA slope indicator crosses the zero level.

But this can also lead to some false signals unless the underlying trend is very strong. Therefore, traders need to be careful in this approach.

Besides the zero line crossing, another way of using the TMA slope indicator is to trade the divergences. Divergences as you know are applicable when you compare price’s highs and lows to that of the oscillator.

When there is a failure to confirm the highs in the price against the highs in the oscillator or vice versa, you can see a divergence on the charts. These divergences tend to give way to potential trading opportunities.

In the above chart, you can see that on the left side (during the bearish trend), there is a clear bullish divergence. Towards the very end price makes a new low, but the oscillator forms a rather higher low.

This divergence eventually morphs into a change of trend and the price action moves from a bearish to a bullish trend.

The TMA slope indicator can also be used across multiple timeframes. In this approach, you will basically understand what the trend is on a higher chart time frame. Assuming that the TMA slope indicator is below the zero line you would then move to a smaller time frame chart such as the 4-hour or the 1-hour chart.

Then, when the TMA slope indicator cuts across the zero line and validates the daily chart time frame’s trend, you can go long or short, in the direction of the larger trend. This approach allows you to trade with the longer term trend while being able to pick up key turning points in price.

The TMA Slope Indicator – Conclusion

To conclude, the TMA slope indicator is a rather simple but an effective indicator. Based on the triangular moving average system, the TMA slope indicator measures the slope of the TMA.

This can then in turn inform traders about the strength of the trend or the momentum in price. When the slope starts to rise, you will see that price also starts moving in the strong direction be it to the upside or to the downside.

The TMA oscillator can replace another oscillator such as the Stochastics or the RSI oscillator. The main difference here is that instead of using the price momentum, the TMA slope measures the slope of the Triangular moving average.

The TMA in itself is a bit of a smoothed indicator. Therefore, some traders might find that the signals from the TMA can lag a bit. You will especially find the drawbacks of the TMA indicator when the markets are very volatile.

But having said that, the TMA slope indicator is ideal to use in strong trending markets. These include mostly the commodity markets. Therefore, the TMA can be a great tool if you are trading commodity futures for example.

You can also apply the TMA slope indicator to the forex markets as well. But the effectiveness of this indicator basically depends on how strong the trends are in the currency pairs that you are applying them to.

Due to the fact that the TMA slope indicator can be applied across any time frame it can be used in both multi-time frame analysis as well as in day trading the markets if you choose to. As with any technical indicator, it is ideal that you first test the TMA slope indicator on a demo account and build a trading strategy rather than use this directly in the real markets.