Trend by Angle Indicator for MetaTrader 5 – Free-[TFlab]

TheTrend by Angle Indicator for MetaTrader 5 is a professional trend-following tool designed to define bullish and bearish market phases with clarity and precision. By generating dynamic slopes and angle-based lines that follow price movement, it helps traders recognize the dominant trend and identify areas where price may either continue or reverse.
The indicator applies a simple and highly effective color logic:

1. Blue = Uptrend (bullish bias)
2. Red = Downtrend (bearish bias)

This visual structure improves chart interpretation and accelerates decision-making in real trading conditions.


You can download it from this link:
https://cdn.tradingfinder.com/file/5...5-by-tflab.zip

You can also access the MetaTrader 4 version of this Indicator through this page:
https://www.metalsmine.com/thread/13...r-metatrader-4

For instructions on how to install:
https://www.forexfactory.com/thread/...-in-metatrader

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Trend by Angle Indicator Specifications (MT5)

1. Indicator Categories
   1. Currency Strength MT5 Indicators
   2. Trading Assist MT5 Indicators
   3. Levels MT5 Indicators

2. Platform
   1. MetaTrader 5 (MT5)

3. Trading Skill Level
   1. Intermediate

4. Indicator Type
   1. Reversal MT5 Indicators

5. Timeframe
   1. Multi-Timeframe (MTF)

6. Trading Style
   1. Intraday Trading

7. Trading Instruments
   1. Forex
   2. Cryptocurrency
   3. Stock Market
      
      

Trend by Angle Indicator at a Glance

The Trend by Angle Indicator visualizes market direction using angled trend lines calculated from price and time behavior. Because the lines are updated continuously, the indicator provides a real-time representation of directional strength and trend structure.
Traders should note that the displayed slope of the angles can vary depending on the MetaTrader 5 chart layout. Elements such as:

1. zoom level
2. chart resizing
3. adjustments to the time and price scale

may change how steep the angles appear. However, these visual changes do not affect the internal calculations, and the indicator’s trend logic remains stable.


Trend by Angle Indicator in a Bullish Trend

On the GBP/JPY 1-hour chart, the appearance of a blue angle typically signals the development of bullish momentum.

In this environment, traders often confirm the setup by monitoring:

1. the formation of a structured channel within the indicator zone
2. a pullback returning toward the angle line
3. a positive reaction at the angle level
4. a bullish candlestick close confirming buying pressure

When price respects the angle and closes with bullish confirmation, the indicator can act as a practical buy-entry validation, especially when supported by the broader market direction.


Trend by Angle Indicator in a Bearish Trend

On the Gold (XAUUSD) 4-hour chart, a red angle is displayed when the market is under bearish control, confirming downward momentum.

Typical bearish confirmations include:

1. price retracing toward the red angle line
2. failure to break above the angle level
3. rejection from the slope zone
4. a bearish candle close completing the signal

If price is unable to break the angle during a pullback, it often suggests that bearish pressure remains dominant. Under these conditions, a bearish candlestick close may serve as a valid sell-entry trigger.


Trend by Angle Indicator Settings (MT5)

The Trend by Angle Indicator includes a minimal configuration panel designed for simplicity and efficiency.
Cycle

1. Determines the calculation period used to detect trend direction
2. Adjusts sensitivity:
   1. lower values increase responsiveness
   2. higher values reduce noise and smooth trend signals
      
      

Conclusion

The Trend by Angle Indicator for MetaTrader 5 is a structured trend analysis solution that identifies market direction through dynamic angle-based visualization.
By using:

1. blue angles for bullish trends
2. red angles for bearish trends

the indicator offers a clean and effective approach to trend recognition. With real-time updates and minimal lag, it enhances market clarity and supports stronger intraday decision-making across Forex, crypto, and stock markets.