time frame and indicators

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01/28/2017 at 5:45 PM #22858 quote

Abz
Participant

Veteran

hello,

is it possible to backtest in 5 min time fram but use indicators in days?

i want to backtest in 5 min time fram but my RSI value has to be 14 days.

01/28/2017 at 5:56 PM #22859 quote

Wing
Participant

Veteran

Then multiply the RSI parameter value. If what your trading is open for 24 hours per day, it looks like this: (60/5)*24*14 = 4032 => RSI[4032]

01/28/2017 at 6:03 PM #22861 quote

GraHal
Participant

Master

Hi Abz

Forgive the daft question from me … are you asking cos RSI is usually for 14 periods as RSI[14](close)?

If No, then you could set the period for the number of 5 mins in 14 days (20,160) so RSI[20160](close) and run on the 5Min TF ... but such a wide variation is unusual surely?

Cheers
GraHal

01/28/2017 at 7:38 PM #22865 quote

Abz
Participant

Veteran

hello

thanks for respond

yes im looking for 14 days of RSI on oil or gold and other indicators as well and i thougt that pro realtime had a limitation of how many bars it coud look back and then 4032 woud be to much?

01/28/2017 at 8:01 PM #22866 quote
GraHal
Participant

Master
Ha apart from my calc being out by a factor 5! 🙂 Yes you would need to load 4050 preload bars
```
DefParam PRELOADBARS

GraHal
```
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time frame and indicators

ProBuilder: Indicators & Custom Tools

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Abz @abbas_sadiq Participant

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This topic contains 4 replies,
has 3 voices, and was last updated by GraHal
9 years ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	01/28/2017
Status:	Active
Attachments:	No files

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