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ShenLong.Lab
11/06/2026 00:23
Release： 11/06/2026 00:23
Update： 11/06/2026 00:23
ShenLong.Lab
Investment style : Day Trade
Investment career : More than 10 years
Investment amount : -
Nice to meet you. Thank you for viewing my profile. I am Shinryu, the head of ShenLong Lab (Shenron Lab). I learned programming to become a trader. Before studying market methods, I decided to acquire the ability to create the tools that support trading by myself. With that determination, I paid 2,000,000 yen for a programming school, and that was the start. Now, as an active trader who uses my own indicators in daily trading, I have developed over 1,000 financial indicators and automation tools to date. What is truly needed to face the markets for a long time is not complex logic. It is “visualization that eliminates hesitation” and “thoroughly efficient verification work.” ShenLong Lab indicators are all created to solve things I personally felt were hard to see or tedious in trading. They make work easier, reduce stress, and allow you to focus on analysis and trading itself. I have crafted them into tools that you can feel the change in on your daily charts. All parameters are labeled in Japanese, and you can select them with “ON/OFF” instead of true/false, so even without specialized knowledge you can set them without hesitation. The logic that can be verbalized resides in the code. I will continue to develop tools that translate trading intuition and stress into words, reduce manual waste, and maximize the results of thinking and trading. I hope ShenLong Lab indicators will help make your trading more comfortable for everyone. *Investment results are not guaranteed.
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Episode 26: Without switching the time frame, I created SL_MTM to view the higher-timeframe moving average

ShenLong Lab (Shenron Lab) is Shenron.
For first-time visitors, please allow me to introduce myself briefly.
As an active trader who continuously generates monthly profits with my own indicators, I have developed over 1,000 indicators and automation tools to date.

ShenLong Lab's second release, the 11th item of “Market Compass”
“SL_MTM (Multi Time MA)” has been released.
This time, I’ll discuss the reason I created this item and tips for confirming higher-timeframe moving averages on MT4/MT5.

This time, I’ll talk about why I created this item and tips for checking the moving averages on higher timeframes in MT4/MT5.

Are you switching the timeframe every time you check the higher-timeframe MA?

When considering an entry, the position of the higher-timeframe moving averages cannot be determined from the current chart alone.
I myself used to switch timeframes to confirm the higher-timeframe moving averages.

I used to switch timeframes to verify the higher-timeframe moving averages.

A workaround using standard features
  • Switch the timeframe to confirm the position of the higher-timeframe moving averages
  • Place charts of different timeframes side by side and compare the moving average positions
  • Whenever you overlap moving averages, recalculate and re-enter the period (e.g., on a 1-minute chart, a 20-period moving average on a 5-minute chart equals 100 periods)

All of these involve switching between timeframes or manually recalculating and re-entering periods.
Every time you switch timeframes, your eyes drift away from the chart.

The higher-timeframe moving averages should be viewed overlaid on the currently displayed chart.

That is why SL_MTM was created.

From here on, I will introduce how to use SL_MTM in a video.