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MTF Moving Average

  • Post #1
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  • First Post: Edited 8:35pm Jun 28, 2011 7:54pm | Edited 8:35pm
  •  CapR
  • | Joined Aug 2010 | Status: Capitalism Prevails | 288 Posts
My MTF moving average overlay indi apparently isn't accurate. I compared it to the SMAs on ForexTraderPro and online charts at http://www.fxstreet.com/rates-charts...?idparell=5255

I use an applied price value of 5. The time frame values are 43200(month), 10800(week), 1440(day). Can the settings be tweaked for more accuracy?

The ForexTraderPro chart shows the 20 & 50 SMAs at 1.4400. 100 SMA is at 1.4210.
The MT4 chart shows the 20 & 50 MTF SMAs at 1.4345/56. 100 SMA is at 1.4300.
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File Type: mq4 _MTF_MovingAverage.mq4   3 KB | 580 downloads
The trend is my friend? The world casino is my friend!
  • Post #2
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  • Jun 28, 2011 8:17pm Jun 28, 2011 8:17pm
  •  CapR
  • | Joined Aug 2010 | Status: Capitalism Prevails | 288 Posts
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The trend is my friend? The world casino is my friend!
 
 
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  • Jun 28, 2011 8:21pm Jun 28, 2011 8:21pm
  •  CapR
  • | Joined Aug 2010 | Status: Capitalism Prevails | 288 Posts
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The trend is my friend? The world casino is my friend!
 
 
  • Post #4
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  • Last Post: Jun 28, 2011 8:50pm Jun 28, 2011 8:50pm
  •  hanover
  • Joined Sep 2006 | Status: ... | 8,095 Posts
Quoting CapitalismPr
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I'm not sure if it will result in the same plots as FTPro, but you might like to post your question in jmw1970's thread here. He's succeeded in plotting smoother MTF charts than the usual stepwise variety.
 
 
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