SC MTF Ma for MT5 with alert

4.58
Moving Average (MA) indicator with multi-timeframe support, customizable visual signals, and configurable alert system.

Freelance programming services, updates, and other TrueTL products are available on my MQL5 profile.

Feedback and reviews are highly appreciated!

What is MA?

Moving Average (MA) is one of the most widely used technical indicators in trading. It smooths out price data by calculating an average over a specified number of periods, helping traders identify the direction of a trend and filter out short-term price noise.

TrueTL MTF MA supports four calculation methods: Simple (SMA), Exponential (EMA), Smoothed (SMMA), and Linear Weighted (LWMA). EMA and LWMA give more weight to recent prices and react faster to price changes, while SMA provides an equal-weight average. The indicator can display MA values from any higher timeframe on the current chart, making it easy to compare short and long-term trend directions simultaneously.

Features:

  • Visual signal markers with arrows and vertical lines
  • Three independent signal slots with configurable triggers
  • Signal detection options: direction change, peak/valley, price crosses MA line
  • Configurable alert functions for each signal (email, push, sound, popup)
  • Multi-timeframe (MTF) capability with interpolation methods
  • Four MA methods: SMA, EMA, SMMA, LWMA
  • Selectable applied price (close, open, high, low, median, typical, weighted)
  • Multiple color modes (simple, direction-based, level-based)
  • Custom indicator call (iCustom) buffer access for Expert Advisor (EA) integration

Input Parameters:

  • Basic Settings:
    • MA period: Number of bars used for the moving average calculation.
    • MA method: Calculation method — SMA, EMA, SMMA, or LWMA.
    • Applied price: Price type used as input (close, open, high, low, median, typical, weighted).
    • MA bar shift: Offset the line drawing by the specified number of bars.
    • MA timeframe: Choose the timeframe for MTF display.
    • MTF on higher TF only: Restrict MTF mode to timeframes higher than the chart.
    • MTF Interpolation mode: Select smoothing method (Off, Linear, Smooth, Weighted, Simple Moving Average).
    • Maximum bars to calculate: Limit the calculation range for performance.
  • Signal Settings:
    • Signal 1/2/3 trigger:
      • Direction change: Signal when MA turns up or down.
      • Peak / Valley: Signal at local highs and lows of the MA.
      • Price crosses MA line: Signal when the price bar closes above or below the MA.
    • Visual markers: Enable arrows and vertical lines with customizable size, style, and position.
    • Arrow customization: Set Wingdings codes and colors for up/down signals.
  • Alert Settings:
    • Alert timing: Choose when alerts trigger (Off, After close, Before close, Both).
    • Alert interval limit: Set minimum minutes between repeated alerts.
    • Time range filter: Restrict alerts to specific hours.
    • Delivery methods: Enable email, push, popup, and sound notifications.
    • Telegram notifications: Send alerts directly to a Telegram chat via bot token.
  • Color and Style Settings:
    • Color mode: Select from multiple modes (simple, direction-based, level-based).
    • Line appearance: Customize colors (4 per line), style, and width.
Reviews 16
pedro.gomes
14
pedro.gomes 2025.03.02 13:24 
 

Excellent indicator

bogcie
19
bogcie 2024.12.18 21:46 
 

Very good indicator. I recommend it !!! I'm a begginer trader and this is very useful for me.

Nornico
34
Nornico 2024.01.12 12:18 
 

Very usefull tool and works well. One request I have if it's possibble to add "Hull" in the MA method?

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pedro.gomes
14
pedro.gomes 2025.03.02 13:24 
 

Excellent indicator

bogcie
19
bogcie 2024.12.18 21:46 
 

Very good indicator. I recommend it !!! I'm a begginer trader and this is very useful for me.

370175009
14
370175009 2024.12.01 11:13 
 

I was unable to use it because the label was not displayed when I specified the color in the settings, and even when I specified the color, it was grayed out.

Nornico
34
Nornico 2024.01.12 12:18 
 

Very usefull tool and works well. One request I have if it's possibble to add "Hull" in the MA method?

simon.metivier
80
simon.metivier 2023.11.20 17:28 
 

This is a great MTF indicator. I also checked on your website but the same indicator with 2023 update is lacking ECOMODE option which seems to increase CPU usage. I am checking both.

CryptorT
416
CryptorT 2023.04.04 00:34 
 

Nice!!!

Matthias Schneider
3964
Matthias Schneider 2022.12.14 14:37 
 

User didn't leave any comment to the rating

Krisztian Kenedi
79783
Reply from developer Krisztian Kenedi 2022.12.16 08:49
MTF is working fine if You set higher timeframe than the chart's timeframe (as the most of MTF indicators). Lower TF feature is coming soon.
lloydxl
134
lloydxl 2022.10.30 08:33 
 

very helpful

Bwalya Tambule
718
Bwalya Tambule 2022.03.18 17:03 
 

excellent indicator

m17qarock
139
m17qarock 2022.01.20 03:59 
 

It works perfect ! great indicator.

SamTan81
39
SamTan81 2021.09.22 00:02 
 

Excellent indicator. No lag when calculating periods for higher timeframes.

kumbawamba
14
kumbawamba 2021.07.06 11:48 
 

Very grateful you have put in time to make this, I use this this all the time now for my trading. 5 Stars

Devonish
3253
Devonish 2021.03.25 13:02 
 

User didn't leave any comment to the rating

Dhany Esperanza
678
Dhany Esperanza 2021.02.28 05:42 
 

Very good substitution for default MT5 Moving Average indicator. Comes with all alert types and customized colors based on directions. Wish Krisztian keep developing and optimizing for speed, at least monitoring it, for sometimes MT5 requires an indicator to be recompiled. Thumbs up!

kinjal parekh
1928
kinjal parekh 2021.01.10 08:28 
 

one of the best free indicator available. you defiantly saved me 30$. Thanks

[Deleted] 2019.01.14 07:00 
 

User didn't leave any comment to the rating

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