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Multi-Timeframe JMA Candle Trend Indicator

Article MQL5 code base

Summary

This indicator presents trend information from the JMACandleTrend indicator across ten timeframes. Each line represents one timeframe-specific indicator, with line and dot colors following the colors used for its source candlesticks.

A star appears on a line when a bar closes and a new bar begins in that timeframe, marking the timeframe’s update point. The description explains the visual encoding but provides no entry or exit rules, performance evidence, or guidance for combining the signals. It is therefore a display tool for comparing trends across timeframes, not a documented standalone trading strategy.

Key ideas

  • The display combines JMACandleTrend readings from ten separate timeframes.
  • Each line represents one timeframe-specific indicator.
  • Line and dot colors correspond to the source indicator’s candlestick colors.
  • Stars mark changes to a new bar in the associated timeframe.
  • The description gives no rules for trading the displayed signals.

Tags

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