MTF EMA 20:
This indicator helps to find possible support/resistance areas after a trend has developed (normally first pullback ends at EMA's region).
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Indicators: Support and Resistance
newdigital, 2013.09.23 10:15
Support and Resistance Technical Indicator
Thank you Agostinho.
How to know each line (from what time frame)?
Can it be used to put targets?
Could you please make two of the same indicator side by side, so we can see different EMA levels in one chart?
It also better if we could change the EMA to SMA.
Appreciate for your great works.
It is an excellent indicator.
However, if you can add input for MTF then it will be a fantastic indicator.
The idea is to print all TF (or at least 5 timeframe ) bars on the chart .
If the indicator shows value as well TF of the line then it will be a system itself.
It is better if an input for color is to mark different TFs if the indicator doesn't show TF on the chart.
I have downloaded the indicator five times to show M1, M5,M30,H1,H4 on M1 chart and change the TF from visualization.