This is a 3 time frame weighted moving average. It can help guide trades on a smaller time frame by showing larger timeframe trend.
In this chart we can see an adaptation I made of an indicator a certain fellow named nanningbob uses in one of his trading systems. It's a great thing to have, since Forex pairs are mostly ranging markets. It captures price movement very well, and gives realistic take profit levels, without having to risk major drawdown if used wisely. Hope you like it and find...
CM_Ultimate_MA_MTF_V2 - Added Tilson T3 Defaults to Current Timeframe on Chart. Ability to Plot 2nd Moving Average. Ability to set Moving Averages to Custom Chart TimeFrame. Example Daily Ma on 60 Minute chart. Many Different Options from Weekly to 1 Minute. Ability to Plot Cross where Moving Averages Cross (If using 2nd Moving Average). Ability to Plot Highlight...
All Moving Averages and Features Built In To ONE Indicator. The Only Moving Average Indicator You Will Need. Details In 1st Post.