Forex LSMA Angle Indicator

Forex LSMA Angle Indicator:

A trend indicator drawn in the form of a histogram. When a trend is weak, the histogram is gray.

The trigger threshold is determined by the value of the indicator input parameter:

input int AngleTreshold=15; // Trigger threshold
When the price change direction coincides with the histogram direction, the histogram is dark, otherwise it is bright

Test results:

Forex LSMA Angle Indicator

Copy and paste the file into the MQL5 Indicators folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL5 > Indicators (paste here)

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