MTF Kijun Mt5

MTF Kijun Pro is a multi-timeframe Ichimoku indicator that displays Kijun-sen lines from different timeframes directly on a single chart. Advanced AI tools had been used for the most accurate programming of this indicator.

Plot up to 6 independent Kijun-sen lines simultaneously, each with its own timeframe, colour, width, style and shift settings.

Main Features:

• Multiple Timeframes: Choose M5, M15, M30, H1, H4, D1, W1 or MN1 using convenient dropdown menus.

• 6 Independent Lines: Display several timeframes together and enable or disable each line individually.

• White and Black Background Colour Schemes: Select your preferred palette from the first input. White-background colours are the default. The setting changes line colours without changing your chart background.

• Individual Colour Settings: Use automatic scheme colours or choose a custom colour for each line.

• Individual Line Widths: Monthly lines are thickest by default, followed by weekly and daily lines, making different timeframes easy to distinguish.

• Individual Line Styles: Solid lines are the default. Choose dashed, dotted, dash-dot or dash-dot-dot styles separately for each line. Patterned styles use thin lines for compatibility.

• Independent Line Shifts: Move each line forward or backward by a chosen number of chart bars. Set the shift to 0 for an unshifted display.

• Adjustable Kijun Period: The calculation period defaults to 26 candles of each selected timeframe.

• Multiple Indicator Instances: Attach additional copies to the same chart with different settings.

Kijun-sen shows the midpoint between the highest high and lowest low over the selected period. Comparing several timeframes can help reveal trend structure and potential support and resistance levels.

Please note: Values calculated from an open higher-timeframe candle may change until that candle closes.