OPEN-SOURCE SCRIPT
200 DMA Slope %
200 DMA Slope %
The 200 DMA Slope % indicator measures the rate of change of the 200-day moving average, helping traders identify whether long-term trend strength is accelerating, flattening, or deteriorating.
Instead of simply asking:
“Is price above or below the 200 DMA?”
This indicator answers the equally important question:
“Is the 200 DMA itself rising or falling?”
How It Works
The indicator calculates the percentage change in the 200-day moving average over a user-defined lookback period.
Formula:
Slope % =
((200 DMA Today − 200 DMA X Bars Ago) ÷ 200 DMA X Bars Ago) × 100
A positive reading indicates a rising long-term trend, while a negative reading signals a declining trend.
Default Settings
Moving Average Length: 200
Slope Lookback: 20 bars
Smoothing Length: 5
Interpretation
Above 0
The 200 DMA is rising
Long-term trend is strengthening
Near 0
Trend is flattening
Potential transition or consolidation phase
Below 0
The 200 DMA is declining
Long-term trend may be weakening
Suggested Use
This indicator pairs especially well with a Distance From 200 DMA indicator.
Together they can help answer two critical questions:
How extended is price from the long-term trend?
Is the long-term trend strengthening or rolling over?
Examples:
Price far above 200 DMA + slope accelerating → strong momentum regime
Price extended but slope flattening → caution / possible exhaustion
Price below 200 DMA + negative slope → weaker long-term trend
This tool is designed to help traders better visualize trend quality, not just trend direction.
The 200 DMA Slope % indicator measures the rate of change of the 200-day moving average, helping traders identify whether long-term trend strength is accelerating, flattening, or deteriorating.
Instead of simply asking:
“Is price above or below the 200 DMA?”
This indicator answers the equally important question:
“Is the 200 DMA itself rising or falling?”
How It Works
The indicator calculates the percentage change in the 200-day moving average over a user-defined lookback period.
Formula:
Slope % =
((200 DMA Today − 200 DMA X Bars Ago) ÷ 200 DMA X Bars Ago) × 100
A positive reading indicates a rising long-term trend, while a negative reading signals a declining trend.
Default Settings
Moving Average Length: 200
Slope Lookback: 20 bars
Smoothing Length: 5
Interpretation
Above 0
The 200 DMA is rising
Long-term trend is strengthening
Near 0
Trend is flattening
Potential transition or consolidation phase
Below 0
The 200 DMA is declining
Long-term trend may be weakening
Suggested Use
This indicator pairs especially well with a Distance From 200 DMA indicator.
Together they can help answer two critical questions:
How extended is price from the long-term trend?
Is the long-term trend strengthening or rolling over?
Examples:
Price far above 200 DMA + slope accelerating → strong momentum regime
Price extended but slope flattening → caution / possible exhaustion
Price below 200 DMA + negative slope → weaker long-term trend
This tool is designed to help traders better visualize trend quality, not just trend direction.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.