Hello! I was thinking about making an indicator that tells you when the Stochastic value is over or under a sertain value in several different resolutions(weekly, Daily etc..) but i cant figure out how to get my indicator to find values from a different resolution then the one that my PRT is set to. Is this even possible to do?
//Willy
I know that you can use the TIMEFRAME function in screeners and it is something like that im looking for in my indicator..
Hello Willy,
The multitimeframe support will be available in a next prorealtime version. Actually, the best you can do is to do some little calculation to get higher timeframe values with multiplication of bars per period :
Examples :
_ Because there 4 bars of 1 hour into a 4 hour bar, multiplicate your indicators periods by 4
_ There 12 bars of 5 minutes in 1 hour, so multiplicate your indicators periods by 12 to get 1h indicator on your 5 minutes chart
(see image below)
Of course, the results you get will not be as accurate as the real higher timeframe values but it is a very useful shortcut when you don’t have no other option.
Thanks alot Nicolas! I will do some calculations then.
I am having the same difficulty.
Say I’m using an MA from an hourly timeframe, and I want to access that value whilst in the 5 min timeframe.
How would I go about that please?