The SMA MTF – as is true for the other multi-timeframe indicator variations – allows traders to display the SMA of a specific timeframe on a chart of a different timeframe.
See BollingerMTFarrow-up-right, EmaMTFarrow-up-right.
The image shows a 5-minute chart with an SMA (14) calculated on 4-hour bars
Last updated 3 years ago