——Republishing after issues pointed out by a moderator resolved.—————
This indicator shows 12 sets of multi time frame moving average(MTF MA) from different time frames which is weekly, daily, 4 hour and 1 hour to lower time frames.
Purpose This indicator has been developed to show higher timeframe’s moving average as they are expected to work as support and resistance .
How is it different from other MTF MA indicators? Problems with other conventional MTF MA indicators are;
1.If you set higher timeframe MA, it will also be shown on further higher time frames. e.g. If you set 4hour chart’s MA on 1 hour or lower time frame charts, it will also appear on daily and weekly chart, which is unnecessary and annoys your chart.
2.One indicator displays one MTF MA only which impacts the number of indicators that you can set.
To tackle these problems, this indicator has incorporated functions below.
1. Control time frames where MTF MA is displayed to avoid showing unnecessary information. 2. One indicator contains 12 MTF MA in which 3 MTF MA from weekly chart, 3 MTF MA from daily chart , 3 MTF MA from 4 hour chart and 3 MTF MA from 1 hour chart. Thus, this contributes to save the number of indicators that you can set.
These are the value added on this indicator.
Specification -This indicator shows weekly MTF MA, daily MTF MA, 4 hour MTF MA and 1 hour MTF MA.
To be clear, daily MTF MA means that moving average created based on daily chart , which can be shown on daily chart and lower timeframes.
-Each MTF MA will be shown as follows based on timeframes that you select.
1. Weekly MTF MA: Shown on weekly, daily, 4hour, 1 hour, 30M, 15M and 5M chart(Monthly chart does not show MTF MA)
2. Daily MTF MA: Shown on daily, 4hour, 1 hour, 30M, 15M and 5M chart(Weekly and Monthly chart does not show MTF MA)
3. 4hour MTF MA: Shown on 4hour, 1 hour, 30M, 15M and 5M chart(Daily, Weekly and Monthly chart does not show MTF MA)
4. 1hour MTF MA: Shown on 1 hour, 30M, 15M and 5M chart(4hour, Daily, Weekly and Monthly chart does not show MTF MA)
-Each MTF MA can be enabled and disabled by ticking checkbox.
Sample chart with the indicator
●Sample parameters setting 2 MA from weekly timeframe and 3 MA from daily timeframe set.
Here is how MAs are displayed.
<Monthly chart> It does not show anything.
<Weekly chart> Only 2 MA from weekly timeframe are shown. MA from daily timeframe are not appeared. This is the difference between this indicator and other conventional MTF MA indicators.
<Daily chart> You can see 5 MAs, which are 2 MA from weekly timeframe and 3 MA from daily timeframe .
<4hour chart>
<15M chart>
Journey to use indicator This indicator is paid indicator and invited-only indicator.
Please contact me via private chat or follow links in my signature so that we can initiate the process to access the indicator
″Please contact me via private chat or follow links in my signature so that I can grant the access right to the indicator.
使用を希望される方はプライベートチャットや署名欄のリンクのDMでご連絡ください。