JMASlope_MTF – Multi-Frame Indicator
|This is a simple multi-frame indicator for those who prefer to see indicators of higher timeframes on the current chart.
The basic indicator here is JMASlope. For the operation of a multi-frame indicator a basic indicator is obligatory.
The basic indicator JMASlope detects peaks of price impulses and the divergence of such impulses. Besides, it indirectly detects the impulse strength by comparing previous peak sizes.
If we attach to a chart both the basic and the multi-frame indicator, the current situation state becomes clear.
P.S. This multi-frame indicator can be used almost with any basic indicator that has two input parameters of INTEGER type, even if the input parameters names do not coincide with the original. IMPORTANT: there must be only two such parameters, both of INTEGER type.
which the best timeframe we use for this indi .! Please, im newbie….hope u can tell me!
17.03.2011 18:21 phe
Is there any way that you can add an alarm to this indicator for when it flips. That would really help me
29.07.2009 22:11 jrg0613
I found these indicators today and added them to MT4. The source code IS different, in each mq4 file, but when I display the indicators (JMASlope and JMASlope_MFT) the indicator graphs look identical.
Neither indicator displayed a sloping line like those shown in the above chart.
As with many other programs placed in this Code Base, it’s program documentation is pathetic. The explanation of how to setup, use and interpret the indicators are also deficient.