Thursday, March 23, 2023
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MTF MA

The Multi-timeframe Moving Average indicator.

It has five input parameters:

  • Period – calculation period
  • Method – calculation method
  • Applied price – price used for calculations
  • Timeframe – calculation timeframe
  • Drawing mode – line drawing mode
    • Steps – as a ladder
    • Slope – inclined lines, which connect the values of neighboring bars of the calculation timeframe
Fig.1. Multitimeframe Moving Average. H4 data on the H1 chart, Drawing mode = Steps
Fig.2. Multitimeframe Moving Average. H4 data on the H1 chart, Drawing mode = Slope