Is it possible to create an indicator which would give the gradient of the moving average?

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Edgar Porter
Answered 11 months ago
<p id="isPasted">The Moving Average Gradient Indicator uses multiple Moving Averages to create a gradient. It creates continually more faint MAs, filled upwards or downwards to the price at a certain opacity. It can be used efficiently for stocks, forex, crypto, and more. This indicator combines numerous Moving Averages of your choice, a few of which include:</p><ul><li>EMA</li><li>SMA</li><li>WMA</li><li>HMA</li><li>RMA</li><li>DMA</li><li>LSMA</li><li>VAMA</li><li>TMA</li><li>MF</li></ul><p>Using this indicator will make entries more simple because crossovers and crossovers can more easily be detected, either manually or using alerts. These multiple Moving Averages allow for a smoothed out price trend, and the …</p>
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Kelley Meyer
Answered 3 weeks ago
<p id="isPasted">You can find pre-built versions of these indicators on community script repositories for trading platforms, such as the TradingView script library by searching for terms like "MA Slope" or "Moving Average Angle".&nbsp;</p><p>The slope indicator can be a powerful tool when used to:</p><ul><li>Confirm a trend: A consistently positive slope confirms an uptrend; a negative slope confirms a downtrend.</li><li>Filter trades: Avoid trend-following trades when the slope is flat (around the zero line).</li><li>Identify potential reversals: A change in the direction of the slope's histogram can be an early warning that momentum is decelerating and a reversal is possible. </li></ul>
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