Hmmm

Lolzzzz

Anyway, your want an indicator on the 1hr timeframe to trigger a buy or sell on the 1 minute timeframe…

It wont happen, becuase you may have to wait a minute for the close of the 1 minute… so here’s an example code, but for an immediate reaction run on the 1 second timeframe not 1 minute…Let me give you a code for running a code on 1 second chart only using the values or results from 5 or 10 minutes chart.
So once you have the variable triggered in the HTF the in the below case it retains the value of the close, otherwise it updates all the time and messes up the trail… so

timeframe (1hour, updateonclose)
If not onmarket then
mytrigger=0
endif
if movingaverageA crossesovermoving averageB then
Mytrigger=1
else
mytrigger=0
endif
timeframe (1 second)
If not onmarket and mytrigger=1 then
sell myamount contracts at market
endif

Timeframe (10 minute, updateonclose) //this will ensure only the close value is taken and it doesnt constantly update on the deafault timeframe//
Timeframe (10 minute, updateonclose)
if close[0] then
close10min=close[0]
endif

Timeframe (5 minute, updateonclose)
if close[0] then
close5min=close[0]
endif

timeframe (default)//you can put this as 5 minutes, or whatever but the code runs on the 1 second chart and runs the dax trail perfectly well
if daxtrail5mins=1 then
once m=0
IF Not OnMarket THEN
trailpausecount=0
TrailStart = 8 //10 Start trailing profits from this point
BasePerCent = 0.100 //10.0% Profit to keep
StepSize = 3 //6 Pips chunks to increase Percentage
PerCentInc = 0.100 //10.0% PerCent increment after each StepSize chunk
RoundTO = -0.5 //-0.5 rounds to Lower integer, +0.4 rounds to Higher integer
PriceDistance = 7 * pipsize//8.9 minimun distance from current price
y1 = 0
y2 = 0
ProfitPerCent = BasePerCent
endif
If onmarket and m=0 then
m=1
ENDIF
If not onmarket and m=1 THEN
QUIT
endif
If trailtimeframe=5 then
close5=close5min
elsif trailtimeframe=10 THEN
close5=close10min
endif
If onmarket and close5 then
IF LongOnMarket AND close5 > (TradePrice + (y1 * pipsize)) THEN //LONG
x1 = (close5 – tradeprice) / pipsize //convert price to pips
IF x1 >= TrailStart THEN //go ahead only if N+ pips
Diff1 = abs(TrailStart – x1)
Chunks1 = max(0,round((Diff1 / StepSize) + RoundTO))
ProfitPerCent = BasePerCent + (BasePerCent * (Chunks1 * PerCentInc))
ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent))
y1 = max(x1 * ProfitPerCent, y1) //y = % of max profit
ENDIF
ELSIF ShortOnMarket AND close5 < (TradePrice - (y2 * pipsize)) THEN//SHORT x2 = (tradeprice - close5) / pipsize //convert price to pips IF x2 >= TrailStart THEN //go ahead only if N+ pips
Diff2 = abs(TrailStart – x2)
Chunks2 = max(0,round((Diff2 / StepSize) + RoundTO))
ProfitPerCent = BasePerCent + (BasePerCent * (Chunks2 * PerCentInc))
ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent))
y2 = max(x2 * ProfitPerCent, y2) //y = % of max profit
ENDIF
ENDIF
IF y1 THEN //Place pending STOP order when y>0
SellPrice = Tradeprice + (y1 * pipsize) //convert pips to price
IF abs(close5 – SellPrice) > PriceDistance THEN
IF close5 >= SellPrice THEN
SELL AT SellPrice STOP
ELSE
SELL AT SellPrice LIMIT
ENDIF
ELSE
SELL AT Market
ENDIF
If not onmarket and m=1 THEN
QUIT
endif
ENDIF
IF y2 THEN //Place pending STOP order when y>0
ExitPrice = Tradeprice – (y2 * pipsize) //convert pips to price
IF abs(close5 – ExitPrice) > PriceDistance THEN
IF close5 <= ExitPrice THEN EXITSHORT AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice LIMIT ENDIF ELSE EXITSHORT AT Market ENDIF If not onmarket and m=1 THEN quit endif ENDIF endif endif

I would like to make an indicator with different timeframes. To give an example: If I wanted to observe if the RSI is oversold in a time frame of 1 second, let me know with a signal in a time frame of 5 minutes, which is where I usually work. My goal is to be able to save time and not have to change time frames.
This you think can be achieved. I’ve been thinking about it for a while but I can’t do it.

Thank you.

Thank you Roberto for your response.

is it possible to get hold of a value returned by a personal indicator  placed on a 3600 tick chart inside a 3 minute chart? This would be the difference between finding intraday trades 5 days a week and not finding one trade,  on time, in a week.

Good morning everyone. I ask for help please: I don’t know if I’m doing something wrong, but I used the multitimeframe mode to draw my indicator on the same graph, applying it to two different timeframes, but checking the result I noticed that the result does not coincide with the data of the indicator normally drawn on the single timeframe. In particular it seems that it’s wrong in drawing the double periods (for example the two-weekly tf on the weekly chart and so on …).
How can I resolve this inconvenience? Do any of you know the problem? Am I the one making a mistake or is it a system bug?
Thanks in advance

Thanks for replying Roberto.

For example on the 2 months TF my indicator value is 5527,76 while if I charge it on the monthly TF with indication at beginning of code TIMEFRAME (2 MONTHS) the value it returns is 5312,08

The code is as follows (ignore colors and colorbetween I don’t use):

timeframe (2 months, default)
period = 13
deviation1 = 1
deviation2 = 2
deviation3 = 3
longupper= 30
longmiddle=20
longlower=10
shortlower=-30
shortmiddle=-20
shortupper=-10
rem up = 1
rem down = -1
rem begin = 1




// (i) indicators
iSTD1 = deviation1 * STD[period](close)
iSTD2 = deviation2 * STD[period](close)
iSTD3 = deviation3 * STD[period](close)
iSMA = Average[period,0](close)
sma25 = Average[25,0](close)
sma50 = Average[50,0](close)

// (c) conditions
cUpperBand3  = iSMA + iSTD3  //          ----3----
cUpperBand2  = iSMA + iSTD2  //       ----2----
cUpperBand1  = iSMA + iSTD1  //    ----1----
cMiddleBand  = iSMA          // ----0----
cLowerBand1  = iSMA - iSTD1  //    ----1----
cLowerBand2  = iSMA - iSTD2  //       ----2----
cLowerBand3  = iSMA - iSTD3  //          ----3----

// delay start
if barindex < period then  // hold off till enough bar present
ts = Undefined   // removes ts tangent line from 0 til real value available
endif

// logic operation
 
// setup block --> When 'begin' = 0,  executes next block.
//                  Since 'trend' default = 0, being set to 1 or -1 will
//                  allow the 'following' logic code blocks to be executed
 
// Bollinger Logic -----------
 
// initial, set trend, trend only changed by iSTD1

if trend=0 and close crosses over cUpperband1 then
trend = longupper
elsif trend=0 and close crosses under cLowerBand1 then
trend = shortlower
endif

 
// following from first time after trend set!
// change of trend

if trend = longupper and close crosses under cUpperBand1 then
trend = longmiddle
endif



if trend=longmiddle then
if close crosses under cMiddleBand then
trend=longlower
elsif close crosses over cUpperBand2 then
trend=longupper
else
trend = longmiddle
endif
endif

if trend=longlower then
if close crosses under cLowerBand1 then
trend=shortlower
elsif close crosses over cUpperBand1 and close < cUpperBand2 then
trend = longmiddle
elsif close crosses over cUpperBand2 then
trend=longupper
else
trend=longlower
endif
endif

if trend=shortlower and Close crosses over cLowerBand1 then
trend=shortmiddle
endif

if trend=shortmiddle then
if close crosses over cMiddleBand then
trend=shortupper
elsif close crosses under cLowerBand2 then
trend = shortlower
else
trend=shortmiddle
endif
endif

if trend = shortupper then
if close crosses over cUpperBand1 then
trend=longupper
elsif close crosses under cLowerBand1 and close > cLowerBand2 then
trend=shortmiddle
elsif close crosses under cLowerBand2 then
trend=shortlower
else
trend = shortupper
endif
endif


 
// set 'ts' values to appropriate band threshold level

if trend = longupper or trend = shortupper then
ts = cUpperBand1
elsif trend = longmiddle or trend = shortmiddle then
ts = cMiddleBand
elsif trend = longlower or trend = shortlower then
ts = cLowerBand1
endif


// color settings


if trend = longupper or trend = longmiddle or trend = longlower then
r = 0
g = 255  // set all colorbetween's green

a1 = 20  // on   upperband 3
a2 = 15  // on   upperband 2
a3 = 10  // on   upperband 1
a4 = 5  // on   lowerband 1

a5 = 15   // off  lowerBand 2
a6 = 20  // off  lowerBand 3

elsif trend = shortupper or trend=shortmiddle or trend=shortlower then
r = 255  // set all colorbetween's red
g = 0

a1 = 20   // off   upperband 3
a2 = 15   // off   upperband 2

a3 = 5  // on  upperBand 1
a4 = 10 // on  lowerBand 1
a5 = 15  // on  lowerBand 2
a6 = 20  // on  lowerBand 3
endif

////////////


if close >= cMiddleBand then
r0=0
g0=255

elsif close < cMiddleBand then
r0=255
g0=0

endif



if close >= cUpperBand1  then
r11 =0
g11=255

elsif close < cUpperBand1  then
r11 =255
g11=0
endif



if close >= cUpperBand2  then
r21  =0
g21=255

elsif close < cUpperBand2  then
r21 =255
g21=0

endif



if close >= cUpperBand3 then
r51 =0
g51=255

elsif close < cUpperBand3   then
r51 =255
g51=0

endif





if close <= cLowerBand1  then
r31=255
g31=0

elsif close > cLowerBand1  then
r31 =0
g31=255

endif



if close <= cLowerBand2   then
r41=255
g41=0

elsif close > cLowerBand2  then
r41 =0
g41=255
endif




if close <= cLowerBand3    then
r61 =255
g61 =0

elsif close > cLowerBand3   then
r61  =0
g61 =255
endif



IF cMiddleBand < sma25 then

r71=255
g71=0

elsif cMiddleBand >= sma25 then

r71=0
g71=255

endif

IF sma25 < sma50 then

r81=255
g81=0

elsif sma25 >= sma50 then

r81=0
g81=255

endif



//colorbetween(cUpperBand2,cUpperBand3, 0,255,0,a1)  // upperBand3 green - trend up
//colorbetween(cUpperBand1,cUpperBand2, 0,255,0,a2)  // upperBand2 green - trend up
//colorbetween(cMiddleBand,cUpperBand1, r,g,0,a3)  // upperBand1 green/red - trend up/down
//colorbetween(cMiddleBand,cLowerBand1, r,g,0,a4)  // lowerBand1 green/red - trend up/down
//colorbetween(cLowerBand1,cLowerBand2, 255,0,0,a5)  // lowerBand2 red - trend down
//colorbetween(cLowerBand2,cLowerBand3, 255,0,0,a6)  // lowerBand3 red - trend down


REM colorbetween (cMiddleBand,sma25, r71,g71,0,15)

REM colorbetween (sma25,sma50, r81,g81,0,10)


return ts coloured(r,g,0) style(line,1) as "BTrend 2 months" ,cMiddleBand coloured (r0,g0,0) style (dottedline,1) as "SMA (13)", sma25 coloured (255,255,0) style (dottedline,1) as "SMA (25)", sma50 coloured (255,102,255) style (dottedline,1) as "SMA (50)" rem , cUpperBand1 coloured (r11 ,g11  ,0) style (DOTTEDLINE4 ,1) as "Upper1", cUpperBand2  coloured (r21   ,g21  ,0) style (DOTTEDLINE4  ,1) as "Upper2", cUpperBand3   coloured (r51    ,g51   ,0) style (DOTTEDLINE4  ,1) as "Upper3", cLowerBand1 coloured (r31  ,g31   ,0) style (DOTTEDLINE4 ,1) as "Lower1", cLowerBand2  coloured (r41   ,g41   ,0) style (DOTTEDLINE4    ,1) as "Lower2", cLowerBand3   coloured (r61    ,g61    ,0) style (DOTTEDLINE4    ,1) as "Lower3"