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Indicators

RMA - multi time frame - indicator for MetaTrader 5

Mladen Rakic

Views:
635
Rating:
votes: 7
Published:
2019.02.10 19:47
Updated:
2019.02.10 19:49
RMA (mtf).mq5 (21.99 KB)view

Theory :

The original of this indicator (with more explanation what and how it does) was published here : RMA. In this version :

  • multi time frame support added. apart from the standard time frames supported by the metatrader 5, you have 3 "special" time frames :
    • next higher time frame (first time frame higher than the current  chart time frame)
    • second higher time frame (second time frame higher than the current  chart time frame)
    • third higher time frame (third time frame higher than the current  chart time frame)

Usage :

It can be used as any regular moving average


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