...can this indicator be transformed into a multi timeframe?
It's a decompiled indicator, nothing personal with you Pava, but I think that it's etichally questionable to work with decompiled software...
I would like to see banned from this forum all this kind of indicators... If you want a commercial indicator, a movie or a song... go and buy it! I hate piracy!
most probably this indicator exists in a natural form, somewhere out there, not right protected...only I don't know it's real name...I am sure the people selling this indicator...and there are few of them, decompiled it from the original themselves...and this indicator does not belong to them also...
It is not pava that posted the decompiled code originally. It was posted at this post : https://www.mql5.com/en/forum/181122/page2 but went unnoticed.
From what I have found so far, that indicator is originating from a site like thousands of similar sites where they promise "secret" and "wonderful" results (96% win ratio for example), so it is probably one of the indicators found as a free source renamed to that "ultra ..." but maybe someone else would know which is the original indicator actually ...
If i'm not mistaken looks like it is using some sort of smoothed Heiken ashi, calculation, what is throwing me off is the 2 Ma's at the end.
Actually you are right. It is smoothed heiken ashi with automatic smoothing periods added. Shame on you guys : you found another case of ... whatever name we give it :):)
Here is a multi time frame version with that automatic periods possibility added (set UseAutomaticMaPeriods to true if you wish the automatic periods assigned, otherwise set it to false, and it will work as regular heiken ashi smoothed). So, let see the 96% of win/loss ratio
Updated version posted here : https://www.mql5.com/en/forum/173574
Request for MT5 version
Kindly consider MT5 version of Rsi strike multi time frame with alerts.
Multi time frame R-squared
Multi time frame r-squared indicator posted at this thread and post : https://www.mql5.com/en/forum/174257/page3
Can some genius make a MTF indicator out of this one ?visualtrend.ex4
Not sure if this one has been posted here, so posting it since it is a kind of multi time frame indicator too
Made by GGekko quite some time ago ...