How to change timeframes in multi timeframe codes

• 05/13/2021 at 1:52 PM #169576
  ilvillans

  I would like to understand how to change default timeframe in multi timeframe codes, below is an example of multi timeframe code “Nas 5m mother of dragons v3” with default time frame at 5 ‘.
  For example: I would like to set the default timeframe to 2h.
  Can anyone help me.
  Thank you

  // Definition of code parameters DEFPARAM CumulateOrders = false // Cumulating positions deactivated DEFPARAM preloadbars = 5000 //Money Management MM = 0 // = 0 for optimization if MM = 0 then positionsize=0.5 ENDIF if MM = 1 then ONCE startpositionsize = 0.5 ONCE factor = 10 // factor of 10 means margin will increase/decrease @ 10% of strategy profit; factor 20 = 5% etc ONCE margin = (close*.005) // tier 1 margin value of 1 contract in instrument currency; change decimal according to available leverage ONCE margin2 = (close*.01)// tier 2 margin value of 1 contract in instrument currency; change decimal according to available leverage ONCE tier1 = 280 // IG first tier margin limit ONCE maxpositionsize = 2800 // IG tier 2 margin limit ONCE minpositionsize = 1 // enter minimum position allowed IF Not OnMarket THEN positionsize = startpositionsize + Strategyprofit/(factor*margin) ENDIF IF Not OnMarket THEN IF startpositionsize + Strategyprofit/(factor*margin) > tier1 then positionsize = (((startpositionsize + (Strategyprofit/(factor*margin))-tier1)*(factor*margin))/(factor*margin2)) + tier1 //incorporating tier 2 margin ENDIF IF Not OnMarket THEN if startpositionsize + Strategyprofit/(factor*margin) < minpositionsize THEN positionsize = minpositionsize //keeps positionsize from going below allowed minimum ENDIF IF (((startpositionsize + (Strategyprofit/(factor*margin))-tier1)*(factor*margin))/(factor*margin2)) + tier1 > maxpositionsize then positionsize = maxpositionsize// keeps positionsize from going above IG tier 2 margin limit ENDIF ENDIF ENDIF ENDIF Ctime = time >= 0 and time < 230000 TIMEFRAME(2 hours,updateonclose) Period= 450 inner = 2*weightedaverage[round( Period/2)](typicalprice)-weightedaverage[Period](typicalprice) HULLa = weightedaverage[round(sqrt(Period))](inner) c1 = HULLa > HULLa[1] c2 = HULLa < HULLa[1] ST1 = SuperTrend[2.5,7] c3 = (close > ST1) c4 = (close < ST1) ma1 = average[55,3](close) c5 = ma1 > ma1[1] c6 = ma1 < ma1[1] //Stochastic RSI | indicator lengthRSI = 12 //RSI period lengthStoch = 12 //Stochastic period smoothK = 8 //Smooth signal of stochastic RSI smoothD = 3 //Smooth signal of smoothed stochastic RSI myRSI = RSI[lengthRSI](close) MinRSI = lowest[lengthStoch](myrsi) MaxRSI = highest[lengthStoch](myrsi) StochRSI = (myRSI-MinRSI) / (MaxRSI-MinRSI) K = average[smoothK](stochrsi)*100 D = average[smoothD](K) c7 = K>D c8 = K mab[1] c10 = mab < mab[1] TIMEFRAME(15 minutes,updateonclose) mac = average[45,1](close) c11 = mac > mac[1] c12 = mac < mac[1] Periodc= 16 innerc = 2*weightedaverage[round( Periodc/2)](typicalprice)-weightedaverage[Periodc](typicalprice) HULLc = weightedaverage[round(sqrt(Periodc))](innerc) c13 = HULLc > HULLc[1] c14 = HULLc < HULLc[1] TIMEFRAME(5 minutes) //Stochastic RSI | indicator lengthRSIa = 12 //RSI period lengthStocha = 6 //Stochastic period smoothKa = 12 //Smooth signal of stochastic RSI smoothDa = 2 //Smooth signal of smoothed stochastic RSI myRSIa = RSI[lengthRSIa](close) MinRSIa = lowest[lengthStocha](myrsia) MaxRSIa = highest[lengthStocha](myrsia) StochRSIa = (myRSIa-MinRSIa) / (MaxRSIa-MinRSIa) Ka = average[smoothKa](stochrsia)*100 Da = average[smoothDa](Ka) c15 = Ka>Da c16 = Ka HULLb[1]and HULLb[1]<HULLb[2] c20 = HULLb < HULLb[1]and HULLb[1]>HULLb[2] // Conditions to enter long positions IF Ctime and c1 AND C3 AND C5 and c7 and c9 and c11 and c13 and c15 and c19 THEN BUY positionsize CONTRACT AT MARKET SET STOP %LOSS 1.2 SET TARGET %PROFIT 0.7 ENDIF // Conditions to enter short positions IF Ctime and c2 AND C4 AND C6 and c8 and c10 and c12 and c14 and c16 and c20 THEN SELLSHORT positionsize CONTRACT AT MARKET SET STOP %LOSS 1.2 SET TARGET %PROFIT 0.7 ENDIF //================== exit in profit if longonmarket and C12 and c20 and close>positionprice then sell at market endif If shortonmarket and C11 and c19 and close exitshort at market endif //==============exit at loss if longonmarket AND c2 and c20 and closepositionprice then exitshort at market endif //%trailing stop function trailingPercent = .28 stepPercent = .01 if onmarket then trailingstart = tradeprice(1)*(trailingpercent/100) //trailing will start @trailingstart points profit trailingstep = tradeprice(1)*(stepPercent/100) //% step to move the stoploss endif //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF //manage long positions IF LONGONMARKET THEN //first move (breakeven) IF newSL=0 AND close-tradeprice(1)>=trailingstart THEN newSL = tradeprice(1)+trailingstep ENDIF //next moves IF newSL>0 AND close-newSL>trailingstep THEN newSL = newSL+trailingstep ENDIF ENDIF //manage short positions IF SHORTONMARKET THEN //first move (breakeven) IF newSL=0 AND tradeprice(1)-close>=trailingstart THEN newSL = tradeprice(1)-trailingstep ENDIF //next moves IF newSL>0 AND newSL-close>trailingstep THEN newSL = newSL-trailingstep ENDIF ENDIF //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP EXITSHORT AT newSL STOP ENDIF //************************************************************************

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113

  // Definition of code parameters DEFPARAM CumulateOrders = false // Cumulating positions deactivated DEFPARAM preloadbars = 5000 //Money Management MM = 0 // = 0 for optimization if MM = 0 then positionsize=0.5 ENDIF if MM = 1 then ONCE startpositionsize = 0.5 ONCE factor = 10 // factor of 10 means margin will increase/decrease @ 10% of strategy profit; factor 20 = 5% etc ONCE margin = (close*.005) // tier 1 margin value of 1 contract in instrument currency; change decimal according to available leverage ONCE margin2 = (close*.01)// tier 2 margin value of 1 contract in instrument currency; change decimal according to available leverage ONCE tier1 = 280 // IG first tier margin limit ONCE maxpositionsize = 2800 // IG tier 2 margin limit ONCE minpositionsize = 1 // enter minimum position allowed IF Not OnMarket THEN positionsize = startpositionsize + Strategyprofit/(factor*margin) ENDIF IF Not OnMarket THEN IF startpositionsize + Strategyprofit/(factor*margin) > tier1 then positionsize = (((startpositionsize + (Strategyprofit/(factor*margin))-tier1)*(factor*margin))/(factor*margin2)) + tier1 //incorporating tier 2 margin ENDIF IF Not OnMarket THEN if startpositionsize + Strategyprofit/(factor*margin) < minpositionsize THEN positionsize = minpositionsize //keeps positionsize from going below allowed minimum ENDIF IF (((startpositionsize + (Strategyprofit/(factor*margin))-tier1)*(factor*margin))/(factor*margin2)) + tier1 > maxpositionsize then positionsize = maxpositionsize// keeps positionsize from going above IG tier 2 margin limit ENDIF ENDIF ENDIF ENDIF   Ctime = time >= 0 and time < 230000 TIMEFRAME(2 hours,updateonclose) Period= 450 inner = 2*weightedaverage[round( Period/2)](typicalprice)-weightedaverage[Period](typicalprice) HULLa = weightedaverage[round(sqrt(Period))](inner) c1 = HULLa > HULLa[1] c2 = HULLa < HULLa[1] ST1 = SuperTrend[2.5,7] c3 = (close > ST1) c4 = (close < ST1) ma1 = average[55,3](close) c5 = ma1 > ma1[1] c6 = ma1 < ma1[1] //Stochastic RSI | indicator lengthRSI = 12 //RSI period lengthStoch = 12 //Stochastic period smoothK = 8 //Smooth signal of stochastic RSI smoothD = 3 //Smooth signal of smoothed stochastic RSI myRSI = RSI[lengthRSI](close) MinRSI = lowest[lengthStoch](myrsi) MaxRSI = highest[lengthStoch](myrsi) StochRSI = (myRSI-MinRSI) / (MaxRSI-MinRSI) K = average[smoothK](stochrsi)*100 D = average[smoothD](K) c7 = K>D c8 = K mab[1] c10 = mab < mab[1] TIMEFRAME(15 minutes,updateonclose) mac = average[45,1](close) c11 = mac > mac[1] c12 = mac < mac[1] Periodc= 16 innerc = 2*weightedaverage[round( Periodc/2)](typicalprice)-weightedaverage[Periodc](typicalprice) HULLc = weightedaverage[round(sqrt(Periodc))](innerc) c13 = HULLc > HULLc[1] c14 = HULLc < HULLc[1] TIMEFRAME(5 minutes) //Stochastic RSI | indicator lengthRSIa = 12 //RSI period lengthStocha = 6 //Stochastic period smoothKa = 12 //Smooth signal of stochastic RSI smoothDa = 2 //Smooth signal of smoothed stochastic RSI myRSIa = RSI[lengthRSIa](close) MinRSIa = lowest[lengthStocha](myrsia) MaxRSIa = highest[lengthStocha](myrsia) StochRSIa = (myRSIa-MinRSIa) / (MaxRSIa-MinRSIa) Ka = average[smoothKa](stochrsia)*100 Da = average[smoothDa](Ka) c15 = Ka>Da c16 = Ka HULLb[1]and HULLb[1]<HULLb[2] c20 = HULLb < HULLb[1]and HULLb[1]>HULLb[2]   // Conditions to enter long positions IF Ctime and c1 AND C3 AND C5 and c7 and c9 and c11 and c13 and c15 and c19 THEN BUY positionsize CONTRACT AT MARKET SET STOP %LOSS 1.2 SET TARGET %PROFIT 0.7 ENDIF   // Conditions to enter short positions IF Ctime and c2 AND C4 AND C6 and c8 and c10 and c12 and c14 and c16 and c20 THEN SELLSHORT positionsize CONTRACT AT MARKET SET STOP %LOSS 1.2 SET TARGET %PROFIT 0.7 ENDIF   //================== exit in profit if longonmarket and C12 and c20 and close>positionprice then sell at market endif   If shortonmarket and C11 and c19 and close exitshort at market endif   //==============exit at loss if longonmarket AND c2 and c20 and closepositionprice then exitshort at market endif   //%trailing stop function trailingPercent = .28 stepPercent = .01 if onmarket then trailingstart = tradeprice(1)*(trailingpercent/100) //trailing will start @trailingstart points profit trailingstep = tradeprice(1)*(stepPercent/100) //% step to move the stoploss endif   //reset the stoploss value IF NOT ONMARKET THEN newSL=0 ENDIF   //manage long positions IF LONGONMARKET THEN //first move (breakeven) IF newSL=0 AND close-tradeprice(1)>=trailingstart THEN newSL = tradeprice(1)+trailingstep ENDIF //next moves IF newSL>0 AND close-newSL>trailingstep THEN newSL = newSL+trailingstep ENDIF ENDIF   //manage short positions IF SHORTONMARKET THEN //first move (breakeven) IF newSL=0 AND tradeprice(1)-close>=trailingstart THEN newSL = tradeprice(1)-trailingstep ENDIF //next moves IF newSL>0 AND newSL-close>trailingstep THEN newSL = newSL-trailingstep ENDIF ENDIF   //stop order to exit the positions IF newSL>0 THEN SELL AT newSL STOP EXITSHORT AT newSL STOP ENDIF   //************************************************************************

   

  

  ilvillans

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  05/13/2021 at 2:03 PM #169578
  robertogozzi

  Always use the ‘Insert PRT Code’ button when putting code in your posts to make it easier for others to read.

  Thank you 🙂

   

   

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  ilvillans

  

  robertogozzi

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  05/13/2021 at 2:12 PM #169579
  robertogozzi

  The DEFAULT timeframe is the one on the chart and it must be the SMALLEST timeframe among those you are using in your code.

  In addition, ALL other timeframes used in your code must (each one of them)  be a multiple of the default one.

  To set the default TF to 2 hours, set it on your chart first, then make sure ALL timeframes used in your code are multiples of 2 hours. You will not be able to use any TF lower than 2 hours, nor a, say, 3h TF as it’s not a multiple of the default one.

  For more info and examples you can search this forum for MTF.

   

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  ilvillans

  

  robertogozzi

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