MTF Moving Trender
This indicator displays a modified version of Moving Averages for multiple time frames:
Current (TF indicator is attached to), M5, M15, M30, H1, H4, Daily, Weekly and Monthly.
NB: Make sure to download currency history before testing and use.
No need to set up the indicator.
Features an audible alert function for the current chart's line.
How to use:
- Simply attach to M5 chart.
- Hover over the lines to see the line's time frame.
- Buy when more than two MTF lines cross closely together below the price.
- Sell when more than two MTF lines cross closely together above the price.
- Example: M5-M15-M30-H1
- Best results on Major pairs, but can also be used on other pairs.
Important to note:
- Please combine this indicator with your other tools for best results.
- Always test your strategy on a demo account before using a new indicator on a live account.
- You use this indicator at your own risk.
- Do not risk money you cannot afford to lose.