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Slope Direction Line Moving-Average Indicator Parameters

Article MQL5 code base

Summary

This short description identifies Slope Direction Line as a trend indicator used by an automated trading system. It lists configurable inputs for calculating its moving averages: a period of 32, a filter size of 2, a linear-weighted averaging method by default, and closing price by default.

The averaging-method setting can also select simple, exponential, or smoothed moving averages, while the price setting can use open, high, low, median, typical, or weighted price. The document does not explain the indicator’s signal rules, how its filter affects readings, or how it performed in trading. It therefore serves as a parameter reference rather than evidence for a trading strategy; the listed settings alone do not establish profitability or suitability for any market.

Key ideas

  • The indicator is presented as a trend tool used by an automated trading system.
  • Its default moving-average period is 32, with a filter size of 2.
  • The averaging method and input price can be changed through enumerated settings.
  • The description provides no signal logic or performance evidence.

Tags

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