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Custom Timeframe MAs

30 USD

Demo downloaded: 14

Published: 31 December 2023

Current version: 1.0

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Custom Timeframe MAs

Indicators
Behnam Farnaghinejad
Version: 1.0
Activations: 5

Overview:

The Custom_Timeframe_MAs indicator for MetaTrader 5 lets you study different timeframes using M1 candles. It offers 12 moving average methods for analyzing trends.

Why It's Useful:

Versatile Timeframes: Even though MetaTrader has fewer timeframes, this indicator expands options by using M1 candles.
Various Moving Averages: Choose from 12 moving average types: SMA, EMA, DEMA,TEMA,WMA, VWMA,SMMA, HullMA, LSMA, ALMA, SSMA, TMA, to understand price movements better.

For Automated Trading:

Enhanced Strategy Support: Ideal for strategies like Open Close Cross Strategy R5 in TradingView, it helps automated trading systems make better decisions across multiple timeframes.
Resource Consideration: It may be a bit slow the first time due to resource limitations, but it speeds up after the initial calculations.

How to Use:

Install & Customize: Download the indicator and adjust settings in MetaTrader 5.
Integrate with EAs: Utilize its outputs within your trading robot (EA) to improve its decision-making based on different time perspectives and moving averages.

Ideal Use Case:

The Custom Timeframe Indicator might have a less pronounced visual representation, but it's engineered for accuracy and reliability, making it an excellent choice for integration within Expert Advisors (EAs) for automated trading strategies. Traders can modify this indicator based on individual requirements, ensuring it perfectly complements their unique trading styles.

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