daily timeframe MA Indicator on 5-minutes chart

JackD · 2019-11-12T11:42:04+00:00

Hi, Would it be possible to have horizontal lines that represent the MA’s price from the daily chart on the 5min as reference points for possible resistance or support? 6 Exponential MA 10 MA 20 Exponential MA 50 MA 65 Exponential MA 200 MA You can see on the charts I have added a horizontal lines where the 50 MA is on the daily, this was a point of resistance and where I entered a short, just would like to have an indicator that does it for me as I look through charts for mini inflection points. Thanks

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11/12/2019 at 12:42 PM #112601 quote

JackD
Participant

Junior

Hi,
Would it be possible to have horizontal lines that represent the MA’s price from the daily chart on the 5min as reference points for possible resistance or support?

6 Exponential MA

10 MA

20 Exponential MA

50 MA

65 Exponential MA

200 MA

You can see on the charts I have added a horizontal lines where the 50 MA is on the daily, this was a point of resistance and where I entered a short, just would like to have an indicator that does it for me as I look through charts for mini inflection points.

Thanks

Z1P-Daily.png Z1P-5-minutes.png

11/12/2019 at 1:31 PM #112604 quote

Nicolas
Keymaster

Legend

It’s possible by using the technique described in these links:

https://www.prorealcode.com/documentation/graphonprice/

https://www.prorealcode.com/topic/indicateurs-dautres-timeframes-sur-une-unite-de-temps-plus-courte/#post-96718

https://www.prorealcode.com/topic/timeframe-3/#post-94066

It’s much more a workaround to the lack of MTF availability with indicators, but it is the most accurate way to do as for now.

11/13/2019 at 11:02 AM #112659 quote

JackD
Participant

Junior

I couldn’t get these to work in the indicators.

So there isn’t really a indicator that can be written to do this?

11/13/2019 at 12:15 PM #112671 quote

robertogozzi
Moderator

Legend

As Nicolas said, ProBuilder does not support multi time frames, at the moment, so there’s no solutions but the workarounds pointed out.

ProScreener has MTF support since years, ProOrder has it since a few months ago (it has had it in beta testing for over a year). PRT are rumoured to be working on ProBuilder to add MTF support, but don’t expect it to be available until the end of 2020 (maybe early 2021).
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