Trend Triggers JMA - Multiple Time Frames - MetaTrader 5 Script - MT4/MT5 Resources
MH Describes Trend Triggers Pee published in December 2004 in Technical Analysis of Stocks and Commodities magazine.
This version adds JMA (Jurik Moving Average) smoothing functionality to reduce false signals and some extra features to make trend triggering states easier.
Additionally, this version is a standalone (does not require a trend trigger for the JMA indicator to work) multi-timeframe indicator.
In this version, the supported timeframes are all possible timeframes supported by MetaTrader 5, and it has 3 "special" timeframes:
If you use some of these 3 time ranges, the time range will be set automatically when you change the chart's time range.
Attachment download
📎 trend_trigger_factor_jma_-_mtf.mq5 (25.51 KB)
Source: MQL5 #21709
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