Forex Trading

How to Measure Angle in TradingView for Forex Trading

Tradingview Forex allows users to easily measure angles in their currency charts. Measuring angles can help Forex traders identify potential opportunities in the market. The Angle Tool is located under the Trend Line Tool and allows traders to draw a line on their chart which is then measured in degrees. Angle measurements can be used to describe trend direction, as well as determining the rate of acceleration or deceleration of a price move, which could be a clue as to when to enter or exit a trade. Additionally, the angle can also be used to determine potential support and resistance levels in the market. This powerful tool allows Forex traders to gain an edge in the markets and increase their chances of success.