Watch how to download trading robots for free

Find us on Twitter!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:

4172

Rating:

(10)

Published:

2019.01.02 14:27

PWMA_MTF.mq5 (23.89 KB) view

Download as ZIP, How to download code from MetaEditor

Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The "Multi Time Frame Power Weighted Moving Average" indicator shows the power-weighted moving average value of different timeframes. data of three PWMAs of different timeframes are displayed on the price chart.

It has six input parameters:

Period - calculation period
Power
Drawing mode - indicator drawing type

Steps - as a ladder
Slope - sloping lines

First PWMA timeframe - the timeframe of the first PWMA
Second PWMA timeframe - the timeframe of the second PWMA
Third PWMA timeframe - the timeframe of the third PWMA

Fig.1. Multi Time Frame Power Weighted Moving Average; H4, H8 and H12 data on the H1 chart, Drawing mode = Steps

Fig.2. Multi Time Frame Power Weighted Moving Average; H4, H8 and H12 data on the H1 chart, Drawing mode = Slope

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23328

MTF_RSI

The Multi timeframes RSI indicator

MACD Cleaner

An Expert Advisor based on the iMACD indicator (Moving Average Convergence/Divergence, MACD)

SVSI_MTF

Multi timeframe Slow Volume Strength Index

Stalin_HTF

The Stalin indicator with the ability to change the indicator timeframe using input parameters

PWMA_MTF - indicator for MetaTrader 5