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Re: Moving Average indicators for MT4

mrtools, Sat Oct 08, 2022 12:25 pm

chickensword wrote: Sat Oct 08, 2022 10:16 am May Mr Tools please make this indicator MTF ? im looking to replicate Deez strategy of 15m fractals, 5m non lag dot, on 1m timeframe
Non-lag Moving Average Dots

My understanding about that version if you are using color > 0 then the color will repaint. Have this mtf version fairly confident the results are the same as the version you posted.

What do the dots show us?

This indicator displays the (non-lag) Moving Average as "dots" instead of a line.
  • As the dots move further apart, it indicates strong price movement
  • As the dots sit closer to each other, this indicates a ranging, (no trend) market
PS: For the subindow version, please see here: Non Lag Moving Average Dots (Subwindow).
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