Profit Accumulator Moving Average Slope

Moving Average Slope Indicator

This is a support indicator to the Main Indicator which has also been published.

This indicator makes use of custom and adjustable moving averages. There are two options for this centred oscillator:

  • Average of Three Moving Averages on Current Time Frame
  • Average of Three Moving Average Time Frames for One Length (i.e. if I'm using a 1hr time frame I would take the average of 30min, 1hr and 4hr moving averages with a 12 length).

When the trend line crosses above zero it is an indication for a long trade and when the trend line crosses below zero it is an indication for a short trade.

Whilst an actual alert function is not set for the indicator, the TradingView alert function can be used to trigger a message when the trendline crosses above or below zero.

I've been using this successfully on the one hour FX charts, but seems to work equally as well on higher or lower time frames (not less than 15min).

The other indicators which are part of the suite are shown on the website which is highlighted in my signature at the bottom of the page. Purchase of the main indicator gives access to the full suite of eight indicators. I use the other indicators to confirm the direction of the trade and to determine if I want to trade or not. I use it along with the 2min, 15min and 4hr timeframes to identify the best entry window and how long I'm likely to be in the trade.

Support can be provided via private message or in the comments below.

The links are provided below for access to the indicator.
Release Notes: Indicator updated to remove the maximum values and add a smoothing function. The indicator looks and performs better without the maximum and minimum values.
Remove from Favorite Scripts Add to Favorite Scripts
Please sign up to the indicator and the 14-day free trial using the following link
Please provide your TradingView username when signing up.

Content on how to use the indicators can also be found on there.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out