The oscillator shows the rate of change of the AMA indicator in points of the price chart.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 23.04.2008.
MT5 Indicator – Download Instructions
AMA SLOPE is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.
AMA SLOPE provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install AMA SLOPE.mq5?
- Download AMA SLOPE.mq5
- Copy AMA SLOPE.mq5 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader 5 Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
- Right click on AMA SLOPE.mq5
- Attach to a chart
- Modify settings or press ok
- Indicator AMA SLOPE.mq5 is available on your Chart
How to remove AMA SLOPE.mq5 from your Metatrader 5 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
Click here below to download MT5 Indicator: