MJ Indicators Help Info
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$$$ NOTE $$$: If you post the indicator somewhere or mail it to a friend: please include also the info file so that they may benefit from it too. THANKS
op2MA_MTF - op8MA_MTF have the same documentation as they differ only in the number of MA.
Is a MTF indicator with MA SMA/EMA based on bar open price. Only the live (wiggling) part is using the last tick price(closing price)
COMPARE TO OTHER INDICATORS: it can not so easily be compared with any other standard indicators as it is a MTF version.
Best way to compare it is to use the opEMA, opSMA (which is a Chart Interval version by me) on a chart with the period set to the same as one uses for iMTFResourceInterval.
Other Input Parameters which are specific to this Indicators etc....
_____________1_____________ = "<<< MA SETTINGS >>>"
"== MA1 DEFINITION =="
*iMTFResourceIntervalMA1: MA1: is the original MTF Time Frame Interval (Period 5=M5, 15=M15, 30=M30, 60=H1, 240=H4, 1440=D1, 10080=W1, 43200=MN1). IMPORTANT: it must be greater than the chart period. which eliminates the M1
*iMA1Method: MA1: Method: 0=SMA, 1=EMA.
*iMA1Period: MA1: Averaging period for calculation.
*iMA1LineStyle: MA1: Line Style: 0=Solid, 1=Dash, 2=Dot, 3=DashDot, 4=DashDotDot.
*iMA1LineWidth: MA1: Line width. Valid values are: 1,2,3,4,5. BUT it seems it accepts also individual higher numbers which is quite useful.
*cMALine: MA1: Line color. Can not be None Color
"== MA2 DEFINITION =="
*iMTFResourceIntervalMA2: MA2: is the original MTF Time Frame Interval (Period 5=M5, 15=M15, 30=M30, 60=H1, 240=H4, 1440=D1, 10080=W1, 43200=MN1). IMPORTANT: it must be greater than the chart period. which eliminates the M1
*iMA2Method: MA2: Method: 0=SMA, 1=EMA.
*iMA2Period: MA2: Averaging period for calculation.
*iMA2LineStyle: MA2: Line Style: 0=Solid, 1=Dash, 2=Dot, 3=DashDot, 4=DashDotDot.
*iMA2LineWidth: MA2: Line width. Valid values are: 1,2,3,4,5. BUT it seems it accepts also individual higher numbers which is quite useful.
*cMALine: MA2: Line color. Can not be None Color
"== MA3 DEFINITION =="
*iMTFResourceIntervalMA3: MA3: is the original MTF Time Frame Interval (Period 5=M5, 15=M15, 30=M30, 60=H1, 240=H4, 1440=D1, 10080=W1, 43200=MN1). IMPORTANT: it must be greater than the chart period. which eliminates the M1
*iMA3Method: MA3: Method: 0=SMA, 1=EMA.
*iMA3Period: MA3: Averaging period for calculation.
*iMA3LineStyle: MA3: Line Style: 0=Solid, 1=Dash, 2=Dot, 3=DashDot, 4=DashDotDot.
*>iMA3LineWidth: MA3: Line width. Valid values are: 1,2,3,4,5. BUT it seems it accepts also individual higher numbers which is quite useful.
*cMALine: MA3: Line color. Can not be None Color
"== MA4 DEFINITION =="
*iMTFResourceIntervalMA4: MA4: is the original MTF Time Frame Interval (Period 5=M5, 15=M15, 30=M30, 60=H1, 240=H4, 1440=D1, 10080=W1, 43200=MN1). IMPORTANT: it must be greater than the chart period. which eliminates the M1
*iMA4Method: MA4: Method: 0=SMA, 1=EMA.
*iMA4Period: MA4: Averaging period for calculation.
*iMA4LineStyle: MA4: Line Style: 0=Solid, 1=Dash, 2=Dot, 3=DashDot, 4=DashDotDot.
*iMA4LineWidth: MA4: Line width. Valid values are: 1,2,3,4,5. BUT it seems it accepts also individual higher numbers which is quite useful.
*cMALine: MA4: Line color. Can not be None Color
"== MA5 DEFINITION =="
iMTFResourceIntervalMA5: MA5: is the original MTF Time Frame Interval (Period 5=M5, 15=M15, 30=M30, 60=H1, 240=H4, 1440=D1, 10080=W1, 43200=MN1). IMPORTANT: it must be greater than the chart period. which eliminates the M1
*iMA5Method: MA5: Method: 0=SMA, 1=EMA.
*iMA5Period: MA5: Averaging period for calculation.
*iMA5LineStyle: MA5: Line Style: 0=Solid, 1=Dash, 2=Dot, 3=DashDot, 4=DashDotDot.
*iMA5LineWidth: MA5: Line width. Valid values are: 1,2,3,4,5. BUT it seems it accepts also individual higher numbers which is quite useful.
*cMALine: MA5: Line color. Can not be None Color
"== MA6 DEFINITION =="
*iMTFResourceIntervalMA6: MA6: is the original MTF Time Frame Interval (Period 5=M5, 15=M15, 30=M30, 60=H1, 240=H4, 1440=D1, 10080=W1, 43200=MN1). IMPORTANT: it must be greater than the chart period. which eliminates the M1
*iMA6Method: MA6: Method: 0=SMA, 1=EMA.
*iMA6Period: MA6: Averaging period for calculation.
*iMA6LineStyle: MA6: Line Style: 0=Solid, 1=Dash, 2=Dot, 3=DashDot, 4=DashDotDot.
*iMA6LineWidth: MA6: Line width. Valid values are: 1,2,3,4,5. BUT it seems it accepts also individual higher numbers which is quite useful.
*cMALine: MA6: Line color. Can not be None Color
"== MA7 DEFINITION =="
*iMTFResourceIntervalMA7: MA7: is the original MTF Time Frame Interval (Period 5=M5, 15=M15, 30=M30, 60=H1, 240=H4, 1440=D1, 10080=W1, 43200=MN1). IMPORTANT: it must be greater than the chart period. which eliminates the M1
*iMA7Method: MA7: Method: 0=SMA, 1=EMA.
*iMA7Period: MA7: Averaging period for calculation.
*iMA7LineStyle: MA7: Line Style: 0=Solid, 1=Dash, 2=Dot, 3=DashDot, 4=DashDotDot.
*iMA7LineWidth: MA7: Line width. Valid values are: 1,2,3,4,5. BUT it seems it accepts also individual higher numbers which is quite useful.
*cMALine: MA7: Line color. Can not be None Color
"== MA8 DEFINITION =="
*iMTFResourceIntervalMA8: MA8: is the original MTF Time Frame Interval (Period 5=M5, 15=M15, 30=M30, 60=H1, 240=H4, 1440=D1, 10080=W1, 43200=MN1). IMPORTANT: it must be greater than the chart period. which eliminates the M1
*iMA8Method: MA8: Method: 0=SMA, 1=EMA.
*iMA8Period: MA8: Averaging period for calculation.
*iMA8LineStyle: MA8: Line Style: 0=Solid, 1=Dash, 2=Dot, 3=DashDot, 4=DashDotDot.
*iMA8LineWidth: MA8: Line width. Valid values are: 1,2,3,4,5. BUT it seems it accepts also individual higher numbers which is quite useful.
*cMALine: MA8: Line color. Can not be None Color
===== END OF ===== OTHER INPUT VARIABLES =====