Some versions of Angle of Average/s
Angle of Average
MLADEN : This issue was around for so long time ....

The problem that people overlook when asking to calculate an angle of an average is simple : date on Y axis of a time series chart is different type from the data on X axis,since they are completely different,the angle can not be calculated from that data ... unless you make them compatible.
This is one possible solution : this version "converts" time into "pips" by using average true range as a value of a single time bar and that way unifies the value of X and Y axis,using the ATR for that is an approximation : (there is no 100% accurate method to do that) ,but it is not a bad approximation : at least it is not showing results of > 90 degree
in this version 4 usual MA types and usual prices option
Re: Moving Average indicators for MT4
#81

 Angle of average.mq4
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Indicator is just a tool.
Use it only if it can benefit you. Leave it if you don't know how to use it optimally.
Use it only if it can benefit you. Leave it if you don't know how to use it optimally.