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The Slope

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.


Key Features:

  • 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

Settings:

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:
https://www.mql5.com/en/market/product/38800