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
Is a MTF indicator 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 opSMA() (which is the 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_____________ = "<<< SMA SETTINGS >>>"
*iMTFResourceInterval: 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
*iMAPeriod: SMA: Averaging period for calculation.
*iMALineStyle: SMA: Line Style: 0=Solid, 1=Dash, 2=Dot, 3=DashDot, 4=DashDotDot.
*iMALineWidth: SMA: Line width. Valid values are: 1,2,3,4,5. BUT it seems it accepts also individual higher numbers which is quite useful.
*cMALine: SMA: Line color.
===== END OF ===== OTHER INPUT VARIABLES =====