ET Carbon MTF Directional Moving Average
- Utilities
- Version: 3.0
- Activations: 5
ET CARBON MTF DMA v3.00
Multi-timeframe dual moving average: a faster time frame's averages drawn on your chart, with the agreement between the two.
OVERVIEW
Carbon MTF DMA draws the dual moving average of a faster time frame (for example M15 on an H1 chart) directly on your chart, together with the rib band, and tells you whether the other time frame and this chart agree. Only candles of the other time frame that have closed are used, so the line never changes after the fact. Four Pair presets (Quick, Standard, Slow, Very slow) and the Style choice set the averages for you.
FEATURES
- Faster time frame drawn on this chart, for example M15 on H1, H1 on H4 or H4 on D1
- THIS CHART panel: rib of each time frame, agreement and how long it has held
- Rib band shaded on the price chart
- Pair presets: Quick, Standard, Slow, Very slow
- Works alongside the other ET Carbon tools on the same scale
WHAT IT DOES NOT DO
- It places no orders, changes no orders and gives no advice. Every trading decision is yours.
- Readings and marks are taken from closed candles and do not move once drawn.
COMMON TO EVERY ET TOOL
- Setup wizard with a single Style choice (Scalping, Day trading, Swing, Position) that sets the scale for you.
- Watchlist of the markets best suited to the tool, a SIZE tab position-size calculator, and a DEFINITIONS tab.
- Notices by terminal alert, push notification and e-mail, using the addresses you set in MetaTrader.
- Interface in English, Spanish, Portuguese, French, German, Italian and Afrikaans, with one-click colour themes.
- Works on any symbol and any account type (hedging or netting).
IMPORTANT INFORMATION
- Market information and software only. This product is not financial advice, not a recommendation and not a trading signal. EmuTrade Technologies is not an authorised financial services provider.
- Trading CFDs on gold, indices and currencies is high risk. You can lose all of the money in your account.
- Past and simulated results do not guarantee future results. No profit or result is promised.
- Test on a demo account before any live use, and keep MetaTrader running and connected.
