MAAngle Metatrader 4 Indicator
The MAAngle indicator provides buy and sell signals based on the angle of a moving average. Let’s take a look how it works.
How To Interpret This Forex Indicator
Rising moving average indicates medium to strong up trend = MAAngle green bar.
Falling moving average indicates medium to strong down trend = MAAngle brown bar.
Flat moving average indicates a trend less market = MAAngle yellow bar.
BUY: Wait for the first green bar.
SELL: Wait for the first brown bar.
Configurable Indicator Options
MAPeriod, Angle Treshold, StartMAShift
EUR/USD 4 Hour Chart Example