The Slope is an MT4 indicator that calculates the slope of the price, and draws a histogram so you could see when it’s positive, negative, or ranging.
- Calculates Slope of the Line Chart
- Shows the numbers as a Histogram below the chart
- Choose Different Periods for calculating the slope.
- Sends Alerts and Push Notifications when slope changes direction
CalculationPeriod: The number of bars used to calculated the slope (for example, if CalculationPeriod = 10, The Slope will calculate the slope of the last 10 bars).
GetAlerts: true/false. If set to true you will receive Alerts on Mt4 when the slope of the current chart changes direction (positive/negative).
PushNotifications: true/false. If set to true you will receive Push Notifications on your phone when the slope of the current chart changes direction (positive/negative).
DrawArrows: true/false. If set to true Arrows will be drawn on the main chart one bar after the slope switches directions.
Get a Multi-Currency, Multi-Timeframe scanner of The Slope here: