This indicator shows the angle of the moving average in a separate window according to your settings. The angle value is also displayed in the chart window. You can also customize the display settings. Key features and input variables include:

• MAPeriod – the period of your moving average. The default value is 5.
• LookBack is a very important variable. It allows you to set a bar based on which the angle is measured. For example, if the LookBack value is 5, the indicator will calculate the angle from the fifth (from the end) bar. The default value is 5.
• MAMode-select the type of moving average (SMA=0, EMA=1, SMMA=2, LWMA=3, etc.). The default value is 0 (simple moving average, SMA).

The following input parameters control the display of the angle value on the graph:

• Corner – 0 = upper-left corner, 1 = upper-right corner, 2 = lower-left corner, 3 = lower-right corner. The default value is 0.
• FontSize – the font size for displaying the angle value in the graph window. The default value is 8.
• Color – the color of the text.

Please note that all the above variables can be adjusted according to your settings.

In addition, this indicator can be used as part of any Expert Advisor, if its trading strategy involves taking into account the angle of the moving average.

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The main advantage of this indicator is the ability to detect sharp market movements. 

The text of the MA angle value is displayed in the format ” MA Angle [MAPeriod] [LookBack] = [Angle]”. For example, if your angle is 45 with the default settings, the chart will display the following text: “MA Angle [5][5] = 45”. This value will also be displayed as a line in a separate window. Please take a look at the screenshots.

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