Theory :
The original of this indicator (with more explanation what and how it does) was published here : RMA. In this version :
- multi time frame support added. apart from the standard time frames supported by the metatrader 5, you have 3 “special” time frames :
- next higher time frame (first time frame higher than the current chart time frame)
- second higher time frame (second time frame higher than the current chart time frame)
- third higher time frame (third time frame higher than the current chart time frame)
Usage :
It can be used as any regular moving average