simulating MTF in an indicator

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #92270 quote
    Juan Salas
    Participant
    Master

    Hi everyone,

    I am trying to simulate the MTF in an indicator. My strategy is running default in 5′, combined with 1 hour entry signals, given by an custom made indicator.

    There is no problem whatsoever to run the strategy, but I would like to visualise the indicator (1 hour) at the same  5′ screen where the strategy is running.

    How could I simulate the 1 hour candles in a 5 mins TF????. I know is a basic piece of code, but I cannot find any example in the forums.

    Attaching the part of the indicator involved.

    // AVERG DOWN indicator
    
    defparam drawonlastbaronly= true
    
    // parameters
    rojo=open>close
    
    // Determinición niveles GRID
    IF time=020000 AND rojo THEN 
    levelZERO = close
    ENDIF
    
    IF time=030000 AND rojo AND NOT rojo[1] THEN
    levelZERO = close
    ENDIF
    
    IF time=040000 AND rojo AND NOT rojo[1] AND NOT rojo[2] THEN
    levelZERO = close
    ENDIF
    
    IF time=050000 AND rojo AND NOT rojo[1] AND NOT rojo[2] AND NOT rojo[3] THEN
    levelZERO = close
    ENDIF
    
    IF time=060000 AND rojo AND NOT rojo[1] AND NOT rojo[2] AND NOT rojo[3] AND NOT rojo[4] THEN
    levelZERO = close
    ENDIF
    
    IF time=070000 AND rojo AND NOT rojo[1] AND NOT rojo[2] AND NOT rojo[3] AND NOT rojo[4] AND NOT rojo[5] THEN
    levelZERO = close
    ENDIF
    
    IF time=080000 AND rojo AND NOT rojo[1] AND NOT rojo[2] AND NOT rojo[3] AND NOT rojo[4] AND NOT rojo[5] AND NOT rojo[6] THEN
    levelZERO = close
    ENDIF
    
    IF time=090000 AND rojo AND NOT rojo[1] AND NOT rojo[2] AND NOT rojo[3] AND NOT rojo[4] AND NOT rojo[5] AND NOT rojo[6] AND NOT rojo[7] THEN
    levelZERO = close
    ENDIF
    
    IF time=100000 AND rojo AND NOT rojo[1] AND NOT rojo[2] AND NOT rojo[3] AND NOT rojo[4] AND NOT rojo[5] AND NOT rojo[6] AND NOT rojo[7] AND NOT rojo[8] THEN
    levelZERO = close
    ENDIF
    
    // levels UP
    grid=20
    profitdiario=10
    
    levelfinal = level1up + grid*pipsize
    level1up = levelZERO + grid*pipsize
    levelprofit = levelZERO - profitdiario*pipsize
    
    RETURN LevelZERO as "levelZERO", level1up as "level1up", levelfinal as "levelfinal", levelprofit as "levelprofit"
    

    Thanks in advance,

    #92289 quote
    pableitor
    Participant
    Master

    Hi Juan,

    Pls check my indicator 🙂

    https://www.prorealcode.com/prorealtime-indicators/higher-time-frame-candlestick-on-a-lower-time-frame-chart/

    It lets you draw higher TF  in a 5 min. chart.  Hope it helps !

    Juan Salas thanked this post
    #92432 quote
    Juan Salas
    Participant
    Master

    Hi Pableitor,

    Thanks so much!! I will check the code and will keep it for any future use 😉

    Muchas gracias,

    Juan

Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.

simulating MTF in an indicator


ProBuilder: Indicators & Custom Tools

New Reply
Author
author-avatar
Juan Salas @juan-salas Participant
Summary

This topic contains 2 replies,
has 2 voices, and was last updated by Juan Salas
6 years, 11 months ago.

Topic Details
Forum: ProBuilder: Indicators & Custom Tools
Language: English
Started: 02/25/2019
Status: Active
Attachments: No files
Logo Logo
Loading...