Multi timeframe indicator
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I need help with a multi timeframe indicator.
I would like to have a dotboard indicator that shows if the SMA 20 is above or below the SMA50 on four different timeframes.
Like the picture shows.
Time Frame
M5 SMA20 above or below SMA50 (Blue or Red)
M15 SMA20 above or below SMA50 (Blue or Red)
M30 SMA20 above or below SMA50 (Blue or Red)
M60 (1hour) SMA20 above or below SMA50 (Blue or Red)
/ Christian
MTF is not available for indicators at the moment.
You can create MTF average lines using a dummy strategy and GRAPHONPRICE or GRAPH but not a dotboard.
Something like this but you can only use it on a 5 minute time frame chart or faster:
buy at -close limit timeframe (5 minute, updateonclose) m5 = 0 if average[20] > average[50] then m5 = 1 endif timeframe (15 minute, updateonclose) m15 = 0 if average[20] > average[50] then m15 = 2 endif timeframe (30 minute, updateonclose) m30 = 0 if average[20] > average[50] then m30 = 3 endif timeframe (1 hour, updateonclose) h1 = 0 if average[20] > average[50] then h1 = 4 endif //result = m5 + m15 + m30 + h1 //graph result graph m5 coloured(128,0,0) graph m15 coloured(0,128,0) graph m30 graph h1 coloured(0,0,255)Crillezz thanked this postHere’s a version that shows above and below the average for each time frame. Pretty unreadable!
It is probably best just to show the result line if it is just when all averages are below or all averages are above that you want to see (second image).
buy at -close limit timeframe (5 minute, updateonclose) m5 = -1 if average[20] > average[50] then m5 = 1 endif timeframe (15 minute, updateonclose) m15 = -2 if average[20] > average[50] then m15 = 2 endif timeframe (30 minute, updateonclose) m30 = -3 if average[20] > average[50] then m30 = 3 endif timeframe (1 hour, updateonclose) h1 = -4 if average[20] > average[50] then h1 = 4 endif //result = m5 + m15 + m30 + h1 //graph result graph m5 coloured(128,0,0) graph m15 coloured(0,128,0) graph m30 coloured(128,128,0) graph h1 coloured(0,0,255) graph 0
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Summary
This topic contains 3 replies,
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6 years, 3 months ago.
Topic Details
| Forum: | ProBuilder: Indicators & Custom Tools |
| Language: | English |
| Started: | 10/22/2019 |
| Status: | Active |
| Attachments: | 4 files |
