This code snippet demonstrates how to calculate the angle of a moving average (MA) in the ProBuilder language. The angle of the MA can provide insights into the trend’s strength and direction.

// Define the period for the moving average
period = 14

// Calculate the simple moving average
ma = average[period](close)

// Calculate the angle of the moving average
angle = (atan((ma - ma[1]) / (1)) * 180 / 3.141592)

RETURN angle as "Angle of MA"

Explanation of the Code:

• Define the period: The variable period is set to 14, which means the moving average will be calculated over 14 periods.
• Calculate the simple moving average: The ma variable stores the value of the simple moving average (SMA) of the closing prices (close) over the defined period.
• Calculate the angle: The angle of the moving average is calculated using the arctangent function atan(). The difference between the current MA and the previous MA (ma[1]) is divided by 1 to represent the change over one period. The result is then converted from radians to degrees (multiplied by 180 and divided by π).
• Return the angle: The calculated angle is returned and labeled as “Angle of MA”. This value indicates the steepness of the MA slope, which can be interpreted as the strength of the price movement over the specified period.