Assessing Overall Trend with the Slopes of Five Moving Averages

Summary

The document describes an indicator that evaluates the slopes of five moving averages with different lookback periods and adds the slope readings to represent an overall trend. The moving-average types it lists are simple, exponential, smoothed, and linear weighted averages. The concept is to combine direction information across several averages into one aggregate view rather than inspect a single average alone.

The description does not specify the periods, slope calculation, normalization, weighting, or how to interpret the summed value. It provides no chart examples, trading rules, tests, or performance evidence, and does not explain how results might vary across instruments or timeframes. As presented, this is an indicator concept rather than a complete trading strategy; users would need additional definitions and validation before using its output to make decisions.

Key ideas

• The indicator combines slope readings from five moving averages with different periods.
• It sums those readings to represent an overall trend direction.
• The listed average types are simple, exponential, smoothed, and linear weighted.
• The document does not specify calculation details or provide testing evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.