Winshots 3 multi timeframe MAs
- Indicatori
- Pawel Michalowski
- Versione: 210.122
Purpose:
The function of this indicator is to draw 3 moving averages (MA's) lines on the main MT4 price chart.
The MA's are from 3 different timeframes specified by the user independent of the chart that is currently displayed.
When you toggle your chart view through different time frames, the 3 MA's will continue to display the MA lines for the time frames specified in the properties.
Example:
The default settings map out three 50 bars MA's for H4, D1 and W1 time frames. During intraday trading on M5/M15 the default settings (MA50 for H4, D1, W1) can assist you in spotting "hard" support/resistance of the higher time frames.
Benefits:
Having visual access to all three MA's for 3 different time frames at all times can better guide you in your trading.
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