MastersOfTrading

MoT - [Elite] - MTF ProjectingMA x3

**THE INDICATOR**

Here we have our Multi Time Frame Moving Averages set to the Daily time frame moving averages of EMA's 14, 30 and 60. The smooth line with 0% opacity.

Overlaid with increased transparency with our MTF Moving Averages you will see another version MTF Moving Average Indicator from Trading View. This is the standard available besides our version.

One thing you will notice is that our Professional MTF Moving Averages are smooth and not Zig Zag like, like all the other MTF Moving Average on Trading View.

We also went one step further and created a future projection of the moving average with all current calculations updating the indicator by the second.


**THE CHART**

In this example we have the EURUSD pair on the 15 minute chart for showcasing the Forex Oracle


**ON THE CHART INDICATORS**

We have the Forex Oracle in the main chart (printed coloured zones).

We also have our above mentioned Multi Time Frame Moving Averages set to the Daily moving averages of EMA's 14, 30 and 60. One thing you will notice is that our Professional Moving Averages are smooth and not Zig Zag like, like every other MTF Moving Average on Trading View.

We also have our Z-Score which is highly customisable giving good indications when price may be too far away from its realistic price and also to give context to the Forex Oracle Indicator

Lastly we have the FX Index which is highly customisable to compare many things between currencies. In this instance we have Volume activated and this shows us that greater volume is being traded across the board in the base currency (EUR) than the quote currency (USD), showing much more interest by traders in the EUR.



**MASTERS OF TRADING**

Many Thanks and Trade Safe!

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Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact MastersOfTrading for more information, or follow the author's instructions below.

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