The [Hamster-Coder] Moving Average indicator is an advanced analytical tool designed to enhance classic moving averages with customizable smoothing algorithms. It supports all cTrader timeframes and allows selection of various price sources, including Open, Close, High, Low, HL2, HLC3, HLCC4, and OHLC4. Users can choose from multiple smoothing methods such as SMA, EMA, RMA, and WMA, with adjustable period lengths for precise tuning.
This indicator is suitable for intraday and medium-term trading, helping identify dynamic balance levels that serve as support or resistance zones independent of the chart timeframe. It is part of the Hamster-Coder™ Algo Series, which features Timeframe Decoupling—a proprietary concept enabling assignment of separate timeframes to key parameters for true multi-timeframe analysis on a single chart.
Key functionalities include real-time parameter adjustments, multi-timeframe price inputs, and seamless integration with manual and automated trading strategies. The product offers both a standard version and a Multi-Timeframe (MTF) version, the latter allowing users to select any custom timeframe for moving average calculation independent of the chart's timeframe, aiding in higher-timeframe structure identification.