arbalest wrote: Fri Sep 29, 2023 1:14 am mrtools, I want to make a request again
Could you please add the mtf function to this indicator (including custom time frame to use in offline chart)
Thanks

Trading The Trend (indicator version) with MTF + Arrows & Alerts

This is an updated version with Candlesticks of (Mladen's) Trading the trend indicator by Andrew Abraham.

This system was originally designed to help new traders with multiple timeframe analysis. Here is an excerpt from the attached article:

Multiple Time Frames
To enhance our performance in this strategy, we can use a
dual time frame. We look to a higher time frame to identify
the trend and only want to trade in that direction. In Figure 4,
we can see we are in a downtrend as well as a downwave on
the five-minute chart of the Standard & Poor’s 500 index, so
we only look to take trades to the short side on the one-minute
chart (Figure 5). We are short from approximately 11:30 in
the morning to the close. The trader looks to the lower time
frame to actually find the trades in the same direction of the
higher time frame.

Mtf added to this version.