Adding condition from another timeframe

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  • #84713 quote
    Mert
    Participant
    Average

    Hello,

    I am trading a 1 minute chart where I have coded a few set ups. I want to add a condition to the set up but this condition comes from a 15 minute timeframe. For example:

     

    The first condition should be a higher low in the 15 minute candle chart. (a 15 minute candle low(candle[2]) followed by another 15 minute low (candle[1]) and than a 15 minute higher low. I know how to code it in a 15 minute chart but i can not figure out how to ad this condition to a code written on a 1 minute candle.

    Can someone help me out here?

    Thanks in advance. If something is not clear please let me know. I will than try to explain it clearer.

     

    Regards,

     

    Mert

    #84718 quote
    robertogozzi
    Moderator
    Master

    ProBuilder does not support Multiple Time Frames. At present only ProScreener and ProOrder do.

    #84719 quote
    Mert
    Participant
    Average

    Oh. Well, that is a pity than.

     

    Thanks anyway

    #84773 quote
    Nicolas
    Keymaster
    Master

    But you can still use ProBacktest with GRAPH Instructions to simulate an indicator, example in this blog article: First approach to multi timeframe trading with ProRealTime

    robertogozzi thanked this post
    #84875 quote
    JC_Bywan
    Moderator
    Master

    @Mert If I understood your condition (I assumed you meant the middle candle low is the lowest of all 3 lows but maybe I’m wrong and you meant the latest low is higher than the middle one regardless of [2] and [1] relative positions), the short code below should do, in which check2 is your 15 minutes condition simulated on your 1 minute timeframe.

    The return line here is just to make it appear as a standalone to check it’s ok, just get rid of the return line to insert it as a condition inside your pro-builder code run on 1 minute timeframe. And obviously replace all check2 mentions with your condition’s name if it had one already.

    // Noobywan 2018-11-14 for PRC forum
    // To be run on 1 minute timeframe only, emulating a 15 minutes condition
    //
    a=lowest[15](low)
    check1 = a[15]<a and a[15]<=a[30] //the condition on past 3x15=45 minutes for any ongoing minute
    
    check2=0
    if check1 and (openminute=59 or openminute=14 or openminute=29 or openminute=44) then // only keep the condition for 1 minute candles closing at same time as 15 minutes candles
       check2=1
    endif
    
    return check1 as "check1", check2 as "check2"
    Nicolas thanked this post
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Adding condition from another timeframe


ProBuilder: Indicators & Custom Tools

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Mert @mert Participant
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This topic contains 4 replies,
has 4 voices, and was last updated by JC_Bywan
7 years, 4 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 11/12/2018
Status: Active
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