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Angle of Price
It is a trend following indicator. The idea behind this indicator is very simple. it calculates the angle of certain price type with its N candle back price type.
When the price is moving toward upward direction positive angle histograms will be created and vice versa for downward direction.
There are couple of price type supported in this indicator. Which is as follows
- Close
- Open
- High
- Low
- Median
- Typical
- Weighted
When combined with other indicators it could be used as a very powerfull tool to find the trend strength. This is very helpful to avoid rangebound markets. ![图片[1]-Angle Of Price 外汇EA-EA侦探社 - 全球领先的MQL5官网外汇EA机器人MT4自动化交易EA资源免费分享网站](https://www.mql5.vip/wp-content/uploads/2024/05/20240514170040-664398b8356c4.png)
