MTF Moving Average Indicator

Hi, it is good to see you here. In this chance I want to write about MTF Moving Average indicator. An accurate calculation of the market trend is provided by Moving Average indicator. Usually formulated using close prices, but we also can use high, low and open prices in the MTF moving average indicator too.
The easiest way MTF moving average indicator trading method makes trading signals if the mtf moving average indicator crosses the market price.

Open sell trading position if the mtf moving average indicator cross the market price from below.
Open buy trading position if the mtf moving average indicator cross the market price from above.

This system is smooth the whipsaws in ranging trends, with the moving average crossing back the price, making so many of false trading signals. That is way the mtf moving average indicator techniques usually use another trading indicator to remove whipsaws.

MTF Moving Average Indicator Download