MultiTimeframe MA
- Indicators
- Nnamdi Kennedy Ifeorah
- Version: 1.0
- Activations: 5
Purpose/Objective
This is a custom built multi-timeframe Moving Average indicator specifically for the Intraday/Trend Trader. Informs trader of the trend on the H4 Timeframe irrespective of Timeframe on chart while trader identifies key entry and execution levels on the lower timeframes.
Suitable for the Multi-Time Frame & Trend Trader.
Demonstration (possible best way to use indicator)
- BUY when candle crosses and closes above the current TF 20MA. H4 TF 20MA acting as STOP LOSS. TARGET - Next RESISTANCE or PIVOT.
- SELL when candle crosses and closes below the current TF 20MA. H4 TF 20MA acting as STOP LOSS. Target - Next SUPPORT or PIVOT.
Features
- Includes 2 moving averages - a static Moving average indicator set at H4 Timeframe and regular moving average.
- Toggle button to turn On /Off indicator on chart as well as maintain clean chat objectives.
- Full control of indicator settings. e.g. change MA settings to 20MA or 50MA or 200MA, toggle button adjustments e.t.c