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Moving Average Slope Analysis

ozangokceoglu  
Trend Analysis Moving Averages moving average slope analysis colour difference graph chart
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trendanalysis movingaverage moving average slope analysis colour difference graph chart
This is a simple script which allows to do slope analysis on any kind of Moving Average. Simply change the moving average function that you wish to work with , in the script.

Slope analysis may be required for fine-tuning trade automation software , which uses Moving Average for determining optimum enter/exit point.

Read code comments for instructions!
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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