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Technical Analysis MTF by Hitz

With the Technical Analysis Multi-Timeframe, you can easily identify the oversold/overbought levels or buy/sell levels points on several different timeframes by using only one chart. You can confirm Short Term trades by higher timeframe levels.

It supports four technical indicators as of now Stochastic, RSI, Parabolic SAR and Heiken Ashi.

After you attached the indicator to a chart, it will show the following information on the chart:

  1. Timeframe: Trend in each timeframe
  2. Oversold/Overbought or Buy/Sell count
  3. Summary: Conclusion

You can hide all the information displayed in the chart by setting false to Show On Chart.


Settings

Main Setting

  • Indicator: Choose technical indicator
    • Stochastic
    • RSI
    • Parabolic SAR
    • Heiken Ashi

Stochastic Setting

  • K Period: Number of time periods for stochastic calculation
  • D Period: Number of time periods used to calculate a moving average of K Period
  • Slowing: Internal smoothing of K Period. A value of 1 is considered a fast stochastic and a value of 3 is considered a slow stochastic
  • MA Method: Method used to calculate D Period
    • Exponential
    • Simple
    • Smoothed
    • Weighted
  • Price Field: Low/High or Close
    • Low/High
    • Close
  • Line to Consider: Use this line to calculate overbought or oversold level
    • Main
    • Signal

RSI Setting

  • Period: Number of period for RSI calculation
  • Applied Price: Method
    • Close
    • Open
    • High
    • Low
    • Median
    • Typical
    • Weighted

Define Stochastic/RSI Range

  • Overbought: Above this, consider as overbought
  • Oversold: Below it, consider as oversold

Parabolic SAR Setting

  • Step: Acceleration factor
  • Maximum: Maximum value of accelerator factor

Timeframe Settings

  • Show M1: Show 1 Minute
  • Show M5: Show 5 Minutes
  • Show M15: Show 15 Minutes
  • Show M30: Show 30 Minutes
  • Show H1: Show 1 Hour
  • Show H4: Show 4 Hours
  • Show D1: Show 1 Day
  • Show W1: Show 1 Week
  • Show MN1: Show 1 Month

Notification Settings

  • Show Alert: Show Alert box
  • Email Notify: Send an Email

Display Setting

  • Display: Show the indicator information on chart
  • Location: Location of the display window
    • Top-Left: Display all the details in top-left place
    • Bottom-Left: Display all the details in bottom-left place
  • Font Size: Size of the font
  • Buy/Oversold Color: Color for the buy or oversold
  • Sell/Overbought Color: Color for the sell or overbought
  • Other Color: General color
  • Header/Footer Color: Header and footer color of display window
  • Background Color: Background color of display window
  • Position X: X axis position of display window
  • Position Y: Y axis position of display window


Author

Connect with me at https://www.mql5.com/en/users/hitaroratrader

You can contact me for:

  1. Any bug fixing or clarification in the indicator.
  2. New additions to the indicator.
  3. Automating the indicator based on your strategy.
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