Using a Relative Moving Average Across Higher Timeframes
Summary
This document describes a multi-timeframe version of a relative moving average indicator. In addition to the standard timeframes available in MetaTrader 5, it offers choices for the next higher timeframe, the second higher timeframe, and the third higher timeframe relative to the chart currently open. This lets a user view the indicator using data aggregated over a longer interval while working on a lower-timeframe chart.
The stated usage is the same as for a regular moving average. The document does not explain the underlying RMA calculation, specify its parameters, or provide examples of signals or trading rules. It also gives no backtest results or discussion of how higher-timeframe values update during a live bar. The material is therefore a brief feature description, useful for understanding the indicator’s timeframe options but insufficient to evaluate its behavior or trading performance.
Key ideas
- The indicator adds higher-timeframe choices to a relative moving average.
- Users can select the next, second, or third timeframe above the active chart timeframe.
- The indicator is intended to be used like a conventional moving average.
- The document does not detail the RMA formula, signal 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.