Showing posts with label Forex Technical analysis. Show all posts
Showing posts with label Forex Technical analysis. Show all posts

Relative Strength Index Multi-Timeframe Indicator for MT5

Author: Roberto Jacobs (3rjfx) | Featured on Forex Home Expert

RSI_MTF is a technical indicator based on the Relative Strength Index (RSI) designed to display RSI signals from multiple timeframes simultaneously within a single MetaTrader 5 chart window. This indicator is highly useful for traders who want to perform efficient multi-timeframe analysis.



Money Flow Index Multi-Timeframe Indicator for MT5

Author: Roberto Jacobs (3rjfx) | Featured on Forex Home Expert

Introduction

The Money Flow Index Multi-Timeframe (MFI_MTF) Indicator for MetaTrader 5 calculates and scans the Money Flow Index (MFI) on all 21 standard MT5 timeframes (M1 … MN1) and displays per-timeframe signals directly on the chart. The indicator creates a native iMFI handle for every timeframe, draws Wingdings arrow labels per timeframe, and computes a single consensus summary signal (exported as PowerMove[]) when a dominant directional majority exists. An on-chart clickable panel allows instant timeframe switching without reattaching the indicator.



Fractals Multi-Timeframe Indicator for MT5 — Complete Guide

Author: Roberto Jacobs (3rjfx) | Featured on Forex Home Expert

1. Introduction

Fractals are one of the classic tools introduced by legendary trader Bill Williams. These simple yet powerful markers are used to identify local swing highs and lows in price action. When used correctly, Fractals can help traders pinpoint reversal areas or breakout setups.

However, Fractals plotted on lower timeframes are often prone to noise and false signals. This is where the concept of multi-timeframe analysis becomes important.



Average Directional Movement Index Multi-Timeframe Indicator for MT5

Author: Roberto Jacobs (3rjfx) | Featured on Forex Home Expert

Introduction

The Average Directional Movement Index Multi-Timeframe (ADX MTF) Indicator for MetaTrader 5 provides directional signals from all 21 standard timeframes, ranging from M1 to MN1.

For each timeframe, it displays a directional arrow object (`OBJ_ARROW`) using Wingdings character 108:

🟒 Green arrow = upward ADX signal
πŸ”΄ Red arrow = downward ADX signal

After gathering these signals, the indicator calculates a consensus summary using a unique logic:
If the number of **up** signals is greater than **down + 1**, the indicator plots a larger **Wingdings 217** upward arrow * If the number of **down** signals is greater than **up + 1**, it plots a larger **Wingdings 218** downward arrow



On Balance Volume Multi-Timeframe Indicator for MT5

Author: Roberto Jacobs (3rjfx) | Featured on Forex Home Expert

In this article, I will discuss the creation of the On Balance Volume Multi Timeframe indicator for MT5. This indicator will calculate the comparison of OBV movements in percentage terms across 21 different timeframes, ranging from M1 to MN1.

The On Balance Volume Multi-Timeframe indicator for MT5 (OBV_MTF) utilizes a template and displays a panel on the chart. Its function, operation, and usage are identical to the Strength of Price Movement Multi Timeframe indicator (SPM_MTF) as detailed in the previous article. For a comprehensive guide on creating a multi-timeframe indicator, you can refer to the following resources: Strength of Price Movement Multi Timeframe indicator for MT5



Strength of Price Movement Multi Timeframe indicator for MT5

Author: Roberto Jacobs (3rjfx) | Featured on Forex Home Expert

In this article I will discuss about making the Strength of Price Movement Multi Timeframe indicator for MT5, where the indicator will calculate price movement comparison in percent on each timeframe, in this case 21 timeframes from M1 to MN1.

Introduction to the Multi-Timeframe Indicator for MT5.

The multi-timeframe (MTF) indicator is an incredibly useful tool for forex traders. It allows traders to view market conditions from various timeframes on a single chart, enabling them to make more informed decisions based on a broader perspective of market trends.

Key Functions of the MTF Indicator.