The Trend Angle instrument measures the gradient of a price movement. The larger the angle, the lower the strength of the trend. A 45-degree angle indicates a trend of average strength.
The instrument consists of two lines that connect at a common starting point.
The maximum angle is 180 degrees. The indicator scales according to whether the price scale is increased or decreased.
Enabled on the Drawing toolbar using the Trend Angle button.
Trend Angle instrument settings
Text
Configures the color and size of the text for the angle size.
Name | Description |
Color | Sets the color of the text. |
Size | Sets the size of the text. |
Line
Configures the formatting of lines of graphical objects.
Name | Description |
Line color | Sets the line color. |
Line width | Sets the line width. |
Line style | Sets the line display style: solid, dashes, point, dash-point, dash-two points. |
Object
Configures the displaying and positioning of an object.
Name | Description |
Display | Sets the condition under which the Trend Angle is displayed. |
Position | Display of Trend Angle waves above or below the chart. |
Coordinates
Configures the coordinates of the location of an object.
Name | Description |
Coordinates | Ability to manually set the coordinates of points on the time and price scales. |
Lock | The option enables a position on the chart to be locked. |