EMA angle indicator?

NexusFi · 2021-10-26T07:17:25-04:00

If you use "AutoScale" the angle of any line will change, if time moves by. If you horizontally compress your charts, the angle of a trend line will change, but not the trend. Angles are a concept that was used when charts were drawn on paper. With paper you can neither change horizontal nor vertical compression, so the concept of an angle makes sense. The angle has a meaning: It stands for momentum. Since we started using computers and software alllowing for scaling, the idea of an angle is essentially …

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Updated October 26, 2021

EMA angle indicator?

October 26th, 2021, 07:17 AM

#11 (permalink)

trendisyourfriend

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eisi83

Hey guys,

is there an indicator around that measures the angle of an EMA. Lets say if the angle of the last x bars is bigger/smaller than x it changes colours. 30� up green line, 30� down red line and in between grey line for example. Maybe anybody can help e out here.

TY Manuel

EMA that can change color as it changes its slope by any minimal angle

I want to start by apologizing.
Although I have been a member for a number of years, I still don't know how to use this site properly.
I can't figure out how to search for a thread pertinent to what I want to ask. Mea culpa, my bad. :stickyman:

My …