Moving Averages Channel MTF Heatmap

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Moving Averages Channel MTF Heatmap

Postby Apprentice » Thu Aug 31, 2017 3:33 pm


LUA Original: viewtopic.php?f=17&t=60541


This is the MT4 version of the LUA original - Moving Averages Channel Indications are determined by the position of the closing price in relation to channel, generated by two moving averages.

Positive indication – Closing Price is above the channel (Both Slow and Fast MA's)
Negativ indication – Closing Price is below the channel
Neutal indication – Closing Price is within the channel
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