The color histogram 4 time frame Ema + Change filter nmc determines two conditions of different market bull market or bear market.
The trading signals (buy / sell) generated are based on the slope of an EMA filter change indicator + 2
The stock indicator EMA change + filter calculates an exponential moving average of color with an additional filter optional
Multi Time Frames MTF: an option to select a different time frame of the current time frame for calculating the indicator.
Using multiple time frame to identify the trend overall the market in the short term and long term and help to anticipate the entry points and exit the trade with a global vision of the market.
If the signals correspond to the different time frame, the trading signal is stronger and more reliable.
Time Frame
M1 - 1 Minute (60 seconds)
M5 - 5 Minutes
M15 - 15 Minutes
M30 - 30 Minutes
H1 - 1 Hour
H4 - 4 hours
D1 - Daily
W1 - Weekly
MN1 - Monthly
A trading alert (sound, notification, message, email) is provided in the event of signal
purchase / sale (4 time frames have the same tendency) compatible version Metatrader MT4 Build and B600 (nmc: New metatrader compliant)
included
4 time frame Ema change + filter nmc.mq4
Broker Online - Broker Exchange : Platform Trading MT4 Metatrader
Interpretation Rules - signals from Trading
* buy signal: buyer pressure
. Forming a four bar frame time Ema Variation filter positive green nmc: the value of the average change + mobileEMA filter 2 is up - Trend bullish on the corresponding frame time
. All squares are positive - Strong uptrend
* Selling signal:
Selling pressure . Formation of a bar 4 time frame Ema + Change filter nmc negative red: the value of the average change mobileEMA + 2 filter is down - Trend bearish on the corresponding time frame
. All squares are negative - Strong bearish trend
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