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Combining Multi-Timeframe MaRsi Signals to Display Trend Direction

Article MQL5 code base

Summary

The MultiMaRsiSignal indicator summarizes active trend direction using five MaRsi-Trigger indicators calculated on different timeframes. It presents their states as colored lines: rising readings are green, falling readings are pink, and flat readings are gray. Diamonds mark the point when a bar switches to the corresponding timeframe.

This is a visualization of aligned or differing trend states across timeframes, rather than a complete entry or exit strategy. The document provides no performance results, parameter details, or evidence that the combined signals predict future returns. Traders would need to define how to act on the display and test it against their market, timeframe, and execution assumptions.

Key ideas

  • The indicator combines readings from five MaRsi-Trigger indicators across different timeframes.
  • Line colors distinguish rising, falling, and flat states.
  • Diamonds indicate when a bar changes to the relevant timeframe.
  • The description gives no trading rules or performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.