• Overview
  • Reviews (2)
  • Comments (1)
  • What's new

OHLC Moving MTF Average

A truly advanced moving average indicator that replaces the stock MA indicator.

Fully customizable for advanced & unique moving average calculations.

    Shows an initial setting of a moving OHLC average calculation by default.


    Key Features

    • This indicator has a four moving average calculation with a sum divider. 
    • Each moving average has its own settings (except timeframe & ATR).
    • There are advanced settings that provide additional effects, such as:
      • Bar shift that takes prices from historical data (less repaint?).
      • Price multiplier per moving average and a divider for all prices.
      • ATR to adjust the prices higher or lower.


      Input Parameters

      • MA TimeFrame = 0; Timeframe of Moving Average.
      • MA Colorful = true; Customizable two color moving average line.
      • MA Price Divider = 4; Sum divider of four moving averages.
      • ATR Period = 0; 0:Off, or ATR for added MA price positioning.
      • ATR Price Method = 1; 0:ATR added(UP), 1:ATR subtracted(DN).
      • MA1 Period (# of Periods) = 14; Periods of Moving Average calculation.
      • MA1 Shift (# of Periods) = 0; Periods of Moving Average shift.
      • MA1 Method = 0; 0:Simple, Exponential, Smoothed, Linear Weighted.
      • MA1 Price = 0; 0:Close, Open, High, Low, Median, Typical, Weighted.
      • MA1 Price Multiple = 1; Must be 1 or higher.
      • MA1 Bars Back = 0; 0: Current bar, reads historical bars.
      • MA2 Period (# of Periods) = 14; Periods of Moving Average calculation.
      • MA2 Shift (# of Periods) = 0; Periods of Moving Average shift.
      • MA2 Method = 0; 0:Simple, Exponential, Smoothed, Linear Weighted.
      • MA2 Price = 1; 0:Close, Open, High, Low, Median, Typical, Weighted.
      • MA2 Price Multiple = 1; Must be 1 or higher.
      • MA2 Bars Back = 0; 0: Current bar, reads historical bars.
      • MA3 Period (# of Periods) = 14; Periods of Moving Average calculation.
      • MA3 Shift (# of Periods) = 0; Periods of Moving Average shift.
      • MA3 Method = 0; 0:Simple, Exponential, Smoothed, Linear Weighted.
      • MA3 Price = 2; 0:Close, Open, High, Low, Median, Typical, Weighted.
      • MA3 Price Multiple = 1; Must be 1 or higher.
      • MA3 Bars Back = 0; 0: Current bar, reads historical bars.
      • MA4 Period (# of Periods) = 14; Periods of Moving Average calculation.
      • MA4 Shift (# of Periods) = 0; Periods of Moving Average shift.
      • MA4 Method = 0; 0:Simple, Exponential, Smoothed, Linear Weighted.
      • MA4 Price = 3; 0:Close, Open, High, Low, Median, Typical, Weighted.
      • MA4 Price Multiple = 1; Must be 1 or higher.
      • MA4 Bars Back = 0; 0: Current bar, reads historical bars.


      Integration

      • There is only one buffer, of 0, which presents a value of MTF-OHLC-MA.


      Improvements

      • Please be sure to leave any ideas, tips and suggestions in the "Reviews" section and they may be included.
      • Improvements to the system could be at any time so we suggest that you possibly backup your copies.






































      Thomas Fairhurst
      1181
      Thomas Fairhurst 2019.06.15 10:38 
       

      Nice attempt. Bit too simple to call advanced.

      Tim Eubanks
      5432
      Tim Eubanks 2018.03.14 03:19 
       

      average indicator

      Version 4.0 2018.03.23
      Timeframe added to short name
      Version 3.0 2018.03.13
      Lower timeframes added; all available timeframes are: M1, M5, M15, M30, H1, H4, D1, W1 & MN.
      Version 2.0 2017.11.03
      Inputs & code optimized; not about the strategy.