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Slope Strength Meter

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Slope Strength Meter

The Slope Strength Meter Indicator measures the rate of change of the 50‑period Exponential Moving Average to quantify trend strength and momentum. By calculating the slope over a user‑defined number of bars, it translates subtle shifts in market direction into a clear numeric value. Alerts can be triggered when the EMA50’s slope exceeds predefined thresholds, allowing you to:

Identify Accelerating Trends: Spot strong uptrends or downtrends as the slope steepens.

Filter Entries and Exits: Avoid choppy markets by trading only when the EMA50 shows clear directional momentum.

Confirm Trade Setups: Use slope readings in conjunction with price action, support/resistance, or other indicators for higher‑probability signals.

Ideal for traders who want a simple, objective tool to gauge trend dynamics and improve timing on both long and short positions.
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