Storing the candle close price on differing TFs

• 09/25/2025 at 9:40 PM #251830
  LivJoJade

  Hi

  I’m interested in automated trading and have the attached indicator and proscreener to use, I believe the proscreener can be used to convert to an automated system.

  The indicator delivers buy/sell signals for which the proscreener then searches, what I want to know is this. Say a buy signal is delivered on the 4hr, 2hr, 1hr or 30min can the candle close price be remembered irrespective of what timeframe it is delivered, I then search for a subsequent buy signal on the 10min, 5min, 2min or 1min. If the close price on the shorter timeframe is lower than the close price on the longer timeframe  it is an entry opportunity and we automatically buy, if the close price is higher than the ‘remembered’ longer timeframe signal we abort unless already in a profitable trade and therefore constitutes an additional entry.

  I hope that all makes sense and would appreciate any help forthcoming.

  Chris

  

  LivJoJade

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  09/26/2025 at 8:55 AM #251837
  Iván

  Hi. Here you have an example.

  // --- Higher timeframe signals (example on 4h) --- TIMEFRAME(4hour,updateonclose) signalH = CALL "the one" IF signalH = 1 THEN higherClose = Close ENDIF // --- Back to lower timeframe --- TIMEFRAME(5minute) signalL = CALL "the one" // Only take entry if close < higher timeframe close IF signalL = 1 AND close < higherClose THEN BUY 1 CONTRACT AT MARKET ENDIF

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  // --- Higher timeframe signals (example on 4h) --- TIMEFRAME(4hour,updateonclose) signalH = CALL "the one" IF signalH = 1 THEN higherClose = Close ENDIF   // --- Back to lower timeframe --- TIMEFRAME(5minute) signalL = CALL "the one"   // Only take entry if close < higher timeframe close IF signalL = 1 AND close < higherClose THEN BUY 1 CONTRACT AT MARKET ENDIF

  

  Iván

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