The stock indicator AMA HTF is a trading tool that can be used as an alternative to a conventional moving average
HTF or Higher Time Frame: option to select a time frame (time unit UT) different from the time frame of the current chart to calculate the indicator.
Simultaneous technical analysis of multiple time frames allows the investor to identify the trend overall the market in the short term and long term to anticipate the entry points and exit the trade with a global vision of the market.
If the signals correspond to the different time frames, the probability of success increases: the trading signal is stronger and more reliable.
included
ama_htf.mq5
Broker Online - Broker Stock Exchange : Trading Platform Metatrader MT5
Interpretation Rules - Signals From Trading
* Buy signal: Feeling trend market bullish - current buyer
. the price action is above the moving average WADA
. WADA moving average is rising
* short sale signal: Feeling trend bear market - current vendor
. the price action is below the moving average WADA
. WADA moving average is down
Learn more about the rules and trading signals:
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Time and Time unit UT - Time frame: H1
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