Question.....MT4 'Multiple Timeframe Indicators'!
I recently discovered a multiple timeframe RSI indicator, which I find quite useful. To clarify, if using an H4 chart with an RSI indicator (i.e. H4 RSI), I apply a second RSI displaying the value of H1.
My question is, does anyone know of a multiple timeframe MACD indicator that will provide this facility? I have simulated this by having a second, (H1) MACD displayed on an H4 chart with the input settings of H4 x 4. This produces a satisfactory result, but it would be more practical if such an indicator already exists.
I would appreciate hearing from anyone.
Here you go.
#MTF MACD X.mq4
Hi anders.....thank you for your very prompt reply attaching the MACD MTF indicator, which I have set up on a chart. However, this indicator is of the 4 colored lines type, whereas I prefer and am looking for the conventional 2 MA line type, with histograms, if one exists. I like to read into the histogram movement.
I hope there is one out there of that type. Thx again for your time!
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