LSMA Angle Histogram for Trend Strength and Direction

Summary

LSMA_Angle is a trend indicator displayed as a histogram. It uses an angle threshold input to distinguish weak trends, which appear gray, from stronger readings. The document gives a threshold setting as an example but does not explain how the angle is calculated or how the parameter should be calibrated.

Histogram brightness also compares the indicator's direction with price movement: a darker bar marks agreement, while a brighter bar marks disagreement. The description provides no performance results, trading rules, asset scope, or testing evidence, so it should be treated as an indicator overview rather than a complete strategy.

Key ideas

• The indicator presents trend information as a histogram.
• Weak trends are shown in gray according to a configurable angle threshold.
• Bar shading distinguishes when price direction agrees with the histogram from when it does not.
• The description does not provide validation results or rules for entering and exiting trades.

Tags

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