EMAAngleZero is a filter to keep out of sideways markets when there is no trend. It uses EMA 34 with an angle threshold of .2 to .33 to detect a sideways market. As explained in the comments found in the indicator, when the angle is near zero do not trade.
The angles are measured in Radians where 1 radian is about 57 degrees. So .33 is about 19 degrees and .2 is about 11 degrees.
The angles are measured in Radians where 1 radian is about 57 degrees. So .33 is about 19 degrees and .2 is about 11 degrees.
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EmaAngleZero.mq4
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