What is an MTF indicator?

What is an MTF indicator?

The Multiple Time Frame Indicator or MTF for short is the perfect way to visualize what higher time framed charts are doing trend-wise. The red and green dots are an easy way to gauge whether your current time frames price trend is moving with or against the overall trend of the underlying.

What is volume indicator in MT4?

For the Forex market, Volumes is the indicator of the number of price changes within each period of a selected timeframe. For stock symbols this is an indicator of actually traded volumes (contracts, money, units, etc.)

What is MTF in forex?

A multilateral trading facility (MTF) is a European term for a trading system that facilitates the exchange of financial instruments between multiple parties.

What is a MTF EMA?

MTF Moving Average is an index that can display the moving average line of a certain hourly bar on a chart of smaller hourly bars. -Feature- ・4 lines multi time frame simple moving average.

How do you add moving average to volume indicator?

Find the “Overlay” dropdown menu next to your Volume indicator, and select the kind of moving average you want to add to your volume bars (either “Simple Moving Avg” or “Exp. Moving Avg”). Enter the number of periods you want for your moving average in the Parameters box to the right of the Overlay dropdown.

How do you do moving average volume?

Calculate the average volume using every time period in the entire price series being studied (note that this means that the exact value of the moving average will vary depending on which periods you use). Calculate the volume increment by multiplying the average volume by 0.67.

What is the difference between volume and tick volume?

Tick charts show a set number of transactions and let traders gather information about market action. Volume charts show the actual number of shares that are being traded by market participants at any given time.