Multitime frame indicator- wrong value

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04/22/2021 at 8:20 AM #167753 quote
pavix
Participant

Average
Hello

See attached :
– the value of the ADX in the timeframe 4hours (on the left) is different from the calculated 4h ADX indicator under the 15min timeframe

the code is quite simple
```
timeframe(4hours, default)
a1 =adx[8]
return
```
The variable “8” is the same in both timeframes, and it seems, according to the “steps” under the 15min timeframe that the indicator follows the same 4h period.

How to get the correct version of ADX 4h in the 15min timeframe ?

thank you in advance

varADX.png
04/22/2021 at 8:52 AM #167757 quote

Vonasi
Moderator

Master

It is most likely for the same reasons as described in the answers to this post.

Multi timeframe – MTF indicators for ProRealTime

pavix thanked this post

04/22/2021 at 9:05 AM #167759 quote

pavix
Participant

Average

Vonasi wrote:

It is most likely for the same reasons as described in the answers to this post.

https://www.prorealcode.com/topic/multi-timeframe-mtf-indicators-for-prorealtime/page/4/#post-162444

Thank you a lot.
Sorry, I have however read (too quickly obviously) this topic….

so the answer would be, as per Nicolas :
Expand the units displayed of the 5-minutes TF chart, in order to get the necessary data to calculate the historical volatility of the daily timeframe.

and it works !!!!

thank you everyone
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Multitime frame indicator- wrong value

ProBuilder: Indicators & Custom Tools

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pavix @pavix Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by pavix
4 years, 9 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	04/22/2021
Status:	Active
Attachments:	1 files

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