Use MA to combine multiple timeframe trends into one trend. -MetaTrader 5 Script- MT4/MT5 Resources




Use MA to combine multiple timeframe trends into one trend. In this indicator, I use M1, M5, M15 and H1 to see if it is bullish, bearish or sideways trending. In addition to this, the indicator also uses points as a way to detect sideways movements and see if it is suitable to open a trading position. In addition to the MTF trend as a single trend and dots to detect sideways, there are arrows to indicate whether there is a good time to open a position within a certain time frame (such as M30).
I have also provided you with indicators that are bullish or bearish based on the current time frame. These indicators also use MA to detect bullishness or bearishness.
Attachment download
📎ETHM30.png (22.47 KB)
📎MTF_MA.mq5 (10 KB)
📎BULLISH_AND_BEARISH.mq5 (9.69 KB)
Source: MQL5 #47717
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