Moving averages with multi-timeframe analysis

With the indicator displayed this time After inserting the indicator, three lines will appear on the MT4 chart. The crisp lines are the multi-time frame moving averages.

Version Information

February 25, 2023: Ver. 1.00 released free of charge

This indicator is distributed free of charge. There are no distribution conditions, so anyone can download and use it. However, there are people who sometimes sell tools that are distributed for free, so in order to avoid scam victims, we have included the following information.

general

This one does not need to be changed and can be left as the default.

Entering Parameters

We offer a variety of settings. We have included individual explanations below for those who are new to the system.

Moving average line setting

The batch setting allows you to set up three moving averages.

Type

You can choose from four types of SMA, EMA, SMMA, and LMA.

Thickness

You can choose the thickness of the moving average line from among five sizes.

Style

You can choose from five different moving average styles (line types).

[MA1-3

This is the part where the three moving averages are set individually.

[Hourly].

CURRENT can display the moving average of the time leg that is currently displayed. It will be a normal moving average. Please note that if you select a lower time axis for the time leg, no moving average line will be displayed.

Note* When inserting the indicator, the line may be displayed strangely as shown in the figure below. If it does not change at all, change the time axis of the chart or press "Update" button.

[Period

Each of the three moving averages can be entered for any period you like. By default, all are set to 20, so you can rewrite the values to your liking.

Color]

Each of the three moving average lines can be changed to any color. You can select from the color palette and change the color to the one you like.

Color settings

This section contains items for setting the color of the moving average line, and changes made in the parameters are reflected here. Please note that changes made here will not change the color of the moving average.

マルチタイムフレーム表示ができる移動平均線が３本表示できるインジケーター