The MultiTimeFrames Triple Moving Averages indicator is an indicator that I implemented for my personal use.
It’s purpose is to show the Moving Averages from different timeframes on the same chart to help find the dynamic levels of support and resistance.
Description
The MTF Triple Moving Averages indicator is an indicator that I implemented for my personal use.
It is an indicator similar to the MTF Bollinger Bands.
I developed it because I wanted to see the Moving Averages from other (higher) timeframes without leaving the current chart.
This should facilitate the visualization of dynamic levels of support and resistance.
Usage
Choose the timeframe you desire on the configuration window that is placed on the chart (named “MTF Triple MA“) and the indicator will do the rest.
The checkboxes are used to show/hide the different Moving Averages.
They allow for a cleaner reading of the price chart without requiring you to change the current timeframe.
MTF Triple Moving Averages example
The configurations for the MTF Triple Moving Averages indicator allows you to change:
- period of the Moving Averages
- shift of the Moving Averages
- Method of the Moving Averages
- Applied Price of the Moving Averages
- the line style, line width and line color for the different Moving Averages:
Settings
MTF Triple Moving Averages - settings window
Disclaimer
Please contact me, if you’re not completely satisfied after using the MTF Triple Moving Averages indicator.
I’ll do my best to address whatever issues you may have.
Since I am also a user of all my tools, I’ll be glad to hear your suggestions / improvements.
I am always striving to make them even better for everyone.
Roul Gennerich –
Hello,
I’am searching an MQL5 indicator for a Moving average MTF.
Do You have them?
Carlos Oliveira –
Hi Roul,
Unfortunately, at the moment I don’t have an MT5 version.
I tried to port my code, but it didn’t work. It will need to be rewritten for MQL5.
When it is done, I’ll be sure to let you know.