Calling indicator in different time frame

• 07/14/2018 at 4:37 PM #75992
  JohnScher

  I would like to set a filter from TimeFrame 4H in TimeFrame 1H.

  The position should only be opened in 1H, e.g. if the EMA50 is larger than the EMA1 in 4H.

  I use the call command, code:

  Call Indicator

  IF Exponentialaverage [50] (close) > Exponentialaverage [1] (close) then Long = 1 Endif IF Exponentialaverage [50] (close) < Exponentialaverage [1] (close) then Long = -1 Endif return Long

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  IF Exponentialaverage [50] (close) > Exponentialaverage [1] (close) then Long = 1 Endif   IF Exponentialaverage [50] (close) < Exponentialaverage [1] (close) then Long = -1 Endif   return Long

   

  And so I drag the condition from 4H to 1H.

   

   

  OnlyShort .. TimeBased 1H with condition from 4H

  // OnlyShort-Strategy on Dax // Dax 1 Euro Mini // TimeFrame 1H // created by JohnScher //defparam flatafter = 210000 defparam cumulateorders = false // define starttime TradingDayShort = Opendayofweek = 1 //or Opendayofweek = 2 or Opendayofweek = 3 or Opendayofweek = 4 or Opendayofweek = 5 TradingTimeShort = time>= 110000 // or time = 120000 ... c = call "Timeframe" //maincode IF TradingDayShort and TradingTimeShort and c = -1 Then sellshort 1 contracts at market ENDIF IF Shortonmarket and barindex - tradeindex >= 30 then Exitshort at market ENDIF //set stop %loss 3 //set target %profit TP // not tested // on other major indizes // with Saisonalpatternmultipler from Pathfinder-Systems // with some Re-invest-Stategies // until then // JohnScher

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  // OnlyShort-Strategy on Dax // Dax 1 Euro Mini // TimeFrame 1H // created by JohnScher     //defparam flatafter = 210000 defparam cumulateorders = false     // define starttime TradingDayShort =  Opendayofweek = 1 //or Opendayofweek = 2 or Opendayofweek = 3 or Opendayofweek = 4 or Opendayofweek = 5 TradingTimeShort =  time>= 110000 // or time = 120000 ...       c = call  "Timeframe"   //maincode IF  TradingDayShort and TradingTimeShort and c = -1 Then sellshort 1 contracts at market ENDIF     IF Shortonmarket and barindex - tradeindex >= 30  then Exitshort at market ENDIF   //set stop %loss 3 //set target %profit TP   // not tested // on other major indizes // with Saisonalpatternmultipler from Pathfinder-Systems // with some Re-invest-Stategies     // until then // JohnScher

   

   

  a. Did I program that right?
  b. Is there an easier way to program, if so, how?

  

  JohnScher

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  07/14/2018 at 4:57 PM #75995
  Vonasi

  It does not call the indicator on a different time frame it calls it on the same time frame that your strategy is running on.

  It is probably easier to wait until Wednesday when hopefully PRT demo will have MTF to play with and then you can just put your indicator under a TIMEFRAME(4 hour) in the strategy.

  I have changed the title of your topic as it did not tell us what your question actually was. 🙂

  1 user thanked author for this post.

  FREDNC

  

  Vonasi

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