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MTF Trend
Version 5
The Multiple Time Frame Trend (MTFT) indicator will aggregate multiple timeframes onto 1 chart. Up to 5 time frames can be shown (time frame 1=TF1, time frame 2 =TF2, time frame 3 = TF3, time frame 4 = TF4, time frame 5 = TF5) as well as a summation of all timeframes that show the overall trend based on the aggregation of the 5 time frames. A Modified Heikin Ashi (MHA) algorithm is used to calculate the trend for each time frame. The summation of all time frames shows the overall trend based on the summation of the 5 individual time frames that each use the MHA algorithm. When there is a strong trend (all 5 time frames agree) and an uptrend has started the Sum is shown in light blue and a downtrend the Sum is shown in red. When the trend may be changing to up the Sum is shown in dark blue and when the trend may be changing to down the Sum is shown in dark red. The MTFT indicator works in RadarScreen®, the Scanner and the Chart Analysis window. Contact Info: If you have any que...
The Multiple Time Frame Trend (MTFT) indicator will aggregate multiple timeframes onto 1 chart. Up to 5 time frames can be shown (time frame 1=TF1, time frame 2 =TF2, time frame 3 = TF3, time frame 4 = TF4, time frame 5 = TF5) as well as a summation of all timeframes that show the overall trend based on the aggregation of the 5 time frames. A Modified Heikin Ashi (MHA) algorithm is used to calculate the trend for each time frame. The summation of all time frames shows the overall trend based on the summation of the 5 individual time frames that each use the MHA algorithm. When there is a strong trend (all 5 time frames agree) and an uptrend has started the Sum is shown in light blue and a downtrend the Sum is shown in red. When the trend may be changing to up the Sum is shown in dark blue and when the trend may be changing to down the Sum is shown in dark red. The MTFT indicator works in RadarScreen®, the Scanner and the Chart Analysis window.


Contact Info:
If you have any questions or suggestions I would very much like to hear from you.
My email is: contact@historicstockdata.com
Website: www.historicstockdata.com
What's New
Version 5
Added alerts for charts.

Version 4
Updated documentation and enabled 5 time frames in the app.

Version 3
Updated to work with TS 9.5 v17

Version 5
Added alerts for charts.

Version 4
Updated documentation and enabled 5 time frames in the app.

Version 3
Updated to work with TS 9.5 v17

Version 2
Updated to have up to 5 time frames. Updated for the transition to TS 9.5

Version 1
Media
Customer Reviews
v
Average Customer Rating:
 (1)
On MTF
October 14, 2016 Version: 1
By:Herbert Brun
I use it in support of my own designs in the hope of holding a trade longer:
On its own, I would NOT use it

HERB
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Developer
Requirements
Tradestation 9.5 (Update 16)
Support Documents
Asset Type
Stock, Future, Forex, Option
Style
Swing Trading
Methodology
Trend
Analysis Techniques
Applications
Categories