Indicators: MA Lock

[Automated-Trading]

MA Lock:

This indicator will help define MA (Moving Average) for one specified timeframe only.

Author: tembox

[Taufiq]

Hi Tembox.

This is great. I really thank you.

[tembox]

Taufiq:

Hi Tembox.

This is great. I really thank you.

Hi Taufiq,

I am glad to hear it. Thank you for using it.

[HLines]

Hi Tembox,

 Very powerful!

Thanks a lot for posting this fantastic indicator!
 

[tembox]

HLines:

Hi Tembox,

 Very powerful!

Thanks a lot for posting this fantastic indicator!
 

Hi HLines,

Glad to hear it.

Thank you.

[Taufiq]

Dear Tembox,

I found a little difference when using Weekly time frame as the base of MA.

Your calculation for converting from W1 to D1 is x 7.  I suggest it should be x 5. I have checked manually using generic EMA to compare it.

It is probably because of the calculation based on time frames (10080/1440) or 7 calendar days, while the trading days are only 5.

Please see what I mean on the images attached.

I hope you would consider this observation as your revision.

Thank you.

Best Regards.

P.S.: One more thing: when we use 'shift' parameter, the MA Lock do shifting but the nose does not protruding forward.