#mtf2
i did not create this logic my self, i got it from a mtf envelopes indicator
far as im concerned, its the best mtf logic iv seen, because its so rediculously simple
not sure who made the first 1, but this is from the indy i seen
this is who takes the credit for the initial logic
i did how ever take it to a higher level, by adding a second time frame to the loop
this indy draws from 2 time frames in a single loop
i love simple things, and with this new way of drawing mtf, it displays in tester, you can also view a small tf setting from a higher tf chart
(though on the higher tf you wont see muti signals that accured during that bar, however during live trading you will see the signal appear and disappear)
all future mtf indies should use this logic
im posting this so ppl can edit the indy, and possibly start recoding all indies to #mtf2 logic
feel free to share them
here is the indy i made, i made it for a trading strategy posted here
http://www.forexfactory.com/showthread.php?t=229238
i am also posting the original indy from which i seen the logic
i did not create this logic my self, i got it from a mtf envelopes indicator
far as im concerned, its the best mtf logic iv seen, because its so rediculously simple
not sure who made the first 1, but this is from the indy i seen
this is who takes the credit for the initial logic
Inserted Code
//+------------------------------------------------------------------+ //| #MTF_Envelopes.mq4 | //| Copyright © 2009, Serega Lykov | //| http://mtexperts.narod.ru/ | //+------------------------------------------------------------------+ #property copyright "Copyright © 2009, Serega Lykov" #property link "http://mtexperts.narod.ru/"
i did how ever take it to a higher level, by adding a second time frame to the loop
this indy draws from 2 time frames in a single loop
i love simple things, and with this new way of drawing mtf, it displays in tester, you can also view a small tf setting from a higher tf chart
(though on the higher tf you wont see muti signals that accured during that bar, however during live trading you will see the signal appear and disappear)
all future mtf indies should use this logic
im posting this so ppl can edit the indy, and possibly start recoding all indies to #mtf2 logic
feel free to share them
here is the indy i made, i made it for a trading strategy posted here
http://www.forexfactory.com/showthread.php?t=229238
i am also posting the original indy from which i seen the logic
Attached File(s)
#mtf2_rsi_ema.mq4
5 KB
|
1,425 downloads
#MTF_Envelopes.mq4
5 KB
|
1,818 downloads