Trend indicator based on a simple moving average. Represents a histogram based on the inclination angle of the moving average. It helps to very accurately determine the market entry points. The indicator signals are very strong and can warn you about upcoming global changes in the trend, if a large period of the moving average is selected. The indicator does not react to market noise and actions of large speculators, it will be especially useful for long-term trading, but the possibility of using it for scalping is not excluded.

The indicator parameters

The default settings are standard for H1, EURUSD. For more efficiency, adjust them according to the particularities of your broker, timeframe and currency pair.

• SMA Period - Period of the simple moving average.
• Color positive bars - Color of the positive bars.
• Color negative bars - Color of the negative bars.

Additional Information

• No repaint
• Does not draw outdated signals
• Does not recalculate
• Signals strictly at the close of the bar
• Compatible with Expert Advisor development