Please make this MTF indicator.
Check out this one : https://www.mql5.com/en/forum/178443/page3 (it is already multi time frame version)
It is working as any other multi time frame indicator = except that we don't have a limitation of 8 buffers and that we an use that
thanks mladen, i was wondering how to interpret the indicator and its signals, if one timeframe stochastic crosses another, does that constitute a signal?
ive attached a 15m chart with the 30m, 1hour and 4 hour timeframes stochastics
In my opinion, crosses of different time frame oscillator type indicators values should not be used as signals
What you should (could) use the all time frame indicator is to check if chosen time frames are in accordance with each other and this signaling a trend. In that case shorter time frame values can be used as entry and exit points
So the whole idea is if more time frame values are indicating the same thing, then most probable scenario is that there is a strong trend. And vice versa - if you see the multi time frame values all over the place, the market is almost sure in a ranging period. It is just a matter what time frames you decide to use as "weighting" more and how do yo interpret values (some, for example, prefer to use rsi values crossing upper level down and lower level up, as a signal of trend change)
mladen...can SSA get similar treatment as "all time frames stochastic"?...including color on slope
The coloring on slope could be done too
and interpolation?...that would be great...
Dear Mr. MLaden
i need your favor of you
i need to add more two higher level and two lower level to this indicator please do it if you dont mind > . . . .
help must be appreciated
Thanks ind advance
When this indicator was written, MT4 could use only 8 Buffer, now more Buffer are possible and so more levels. Here you are. 2 more levels.
Thanks A Tonnes Dear @krelian99