Indicator for one period on same chart for another period

iac381 · 2023-03-09T15:13:43+00:00

Is it possible to eg 1) have a(ny) MA of 5 mins on a chart of 1 min or eg 2) vice versa? If so, can this be applied to other indicators and are there limits? I use a 5 min indicator below another 1 or 2 min chart (don’t always need a 5 m price bar), but really would like to be able to integrate my key indicators in one price chart of my my preferred time frame(s). The objective is more efficient entry/exit for day trading indexes. My main periods of watch are 1m and 5m but I also look at 2 and 15m especially in sideways periods. If so how? I have no coding skills although have a basic understanding. Would be grateful for any replies.

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03/09/2023 at 4:13 PM #211261 quote

iac381
Participant

Junior

Is it possible to eg 1) have a(ny) MA of 5 mins on a chart of 1 min or eg 2) vice versa? If so, can this be applied to other indicators and are there limits? I use a 5 min indicator below another 1 or 2 min chart (don’t always need a 5 m price bar), but really would like to be able to integrate my key indicators in one price chart of my my preferred time frame(s). The objective is more efficient entry/exit for day trading indexes.

My main periods of watch are 1m and 5m but I also look at 2 and 15m especially in sideways periods.

If so how? I have no coding skills although have a basic understanding.

Would be grateful for any replies.

03/09/2023 at 10:05 PM #211279 quote

ZeroCafeine
Participant

Senior

hi @iac381

Maybe my answer will help you,

if for example you use a 20 period moving average on M5 and you want to display it on an M1 chart, you have to calculate the ratio between M1 and M5 time unit which is 5 ( M5 / M1 = 5 ),

so to display a 20 period moving average M5 on a M1 chart, you have to display a moving average of 20*5 = 100

MA(20) of M5 = MA(100) of M1

hope it’s clear and I don’t do an error 😉

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M11.png

03/10/2023 at 9:23 AM #211295 quote

ZeroCafeine
Participant

Senior

Nice candle Today 🙂 Renault

Capture-decran-2023-03-10-a-09.21.35.png

03/10/2023 at 11:50 AM #211308 quote

iac381
Participant

Junior

Very many thanks @ZeroCaffeine

That does give one a very good idea of what it looks like even if it is not 100% accurate. And when you use more complex MA’s eg EMA, Hull, Wilder’s, Zero Lag etc it gets less accurate. But it is close enough.

I had seen some time back that there is a “Multi-time frame indicator” capability within PRT but I cannot understand that discussion as it leapt into coding without full explanation for a basic level operator such as I!

03/11/2023 at 7:13 PM #211392 quote

robertogozzi
Moderator

Legend

@iac381

This is where you should start from https://www.prorealcode.com/blog/learning/approach-multi-timeframe-trading-prorealtime/.

Then you can search this forum for MTF to get many links to topics and codes, tu further improve your knowledge.

ZeroCafeine and iac381 thanked this post

03/12/2023 at 7:32 PM #211435 quote

ZeroCafeine
Participant

Senior

@iac381

There are good moderators here on the forum and I think you will find help and information easily

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