Multi Time Frame Moving Averages

The Multi Time Frame Moving Averages indicator provides a comprehensive solution for tracking up to six different timeframe moving averages simultaneously on a single chart. This tool eliminates the need for multiple tabs by consolidating popular moving average types and multi-timeframe analysis into one overlay, offering enhanced trend visibility across various horizons.

Usage

The Usage section describes how the script can be used, particularly in identifying trend alignment across different periods. Users can select from a wide array of moving average types, such as EMA, SMA, or Hull MA, and apply them across user-defined timeframes (e.g., 6-hour, 12-hour, Daily).

A key feature is the "Average of 4 lengths" option. When enabled, the indicator calculates the mean value of four distinct lengths (defaulting to 25, 50, 100, and 200), providing a smoothed aggregate trend line. This helps in filtering out noise from a single period. Additionally, the forecast feature allows users to project the current timeframe's moving average using either a flat projection or linear regression, aiding in anticipating potential trend shifts.

Details

The script executes by fetching data from higher timeframes using the request.security function. It supports 19 different moving average variants, ranging from standard calculations like SMA and EMA to more complex filters like the Blackman Filter, KAMA, and VIDYA.

For the forecasting logic, the indicator offers two modes:

• Flat: Assumes future prices remain equal to the current price.
• Linreg: Uses a linear regression of a specified length to project future price points before incorporating them into the moving average calculation.

The indicator also includes internal logic to prevent visual clutter by checking if the requested timeframe is compatible with the current chart resolution.

Settings

General Settings

• Source: Determines the input data (e.g., Close, Open) used for the calculations.
• Type: Selects the specific moving average algorithm (e.g., DEMA, TEMA, VWAP, LSMA).
• Use custom length?: If enabled, the indicator uses the single "Custom Length" input for calculations.
• Custom Length: The period length used when "Use custom length" is active.
• Use Average of 4 lengths?: When checked, the indicator averages the outputs of the four lengths specified below.
• #1 - #4: The four distinct period lengths used for the averaging feature.

Timeframe Settings

• Show current/1st–6th Timeframe: Toggles the visibility of the moving average for the specific timeframe.
• 1st–6th Timeframe: Sets the resolution for the corresponding multi-timeframe line (e.g., 1D, 1W).

Forecast Settings

• Show Forecast: Enables or disables the projection lines for the current timeframe.
• MA Forecast Type: Chooses between "flat" (constant price) or "linreg" (linear regression) for the projection.
• # of candles to use in linear regression: Sets the lookback period for the linear regression forecast.

FAQ

How can I see moving averages from different timeframes simultaneously?
You can enable the specific timeframe slots in the settings (1st through 6th) and select the desired resolution for each. The indicator will then fetch and plot those values on your current chart.

What is the benefit of the "Average of 4 lengths" feature?
This feature combines four different moving average periods into one value, creating a robust trend indicator that reacts to multiple levels of market support and resistance simultaneously.

How do I access this indicator?
You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.