Select the timeframe for a Moving Average

Created at 29 Sep 2021, 08:59
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demozi2K17

Joined 29.09.2021

Select the timeframe for a Moving Average
29 Sep 2021, 08:59


I am not sure if that can be done but I would like to be able to select a timeframe for a Moving Average(Exponential and Simple) when putting it on my chart. For example, I would like to put a Daily EMA(100) on an H4 time frame chart. This will show me where the price is in relation to the EMA(100) on Daily tf. MT4 has this facility, we can choose the TF for the MAs. My strategy is to use an EMA(200) on Daily to identify trend direction. At the time I can see the price distance to the EMA. When I drop to H4 I want to see the same distance but for an EMA as on Daily time. frame. So it would be good if when placing the MAs on any chart time frame we can select what timeframe we want for the MA.

Hope my explanation is understandable.


@demozi2K17
Replies

PanagiotisCharalampous
29 Sep 2021, 11:08

Hi demozi2K17,

Check this indicator.

Best Regards,

Panagiotis 

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@PanagiotisCharalampous