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MultiTimeFrame

Posted: Thu Jul 20, 2017 7:30 am
by rlygangesh
Hi Earik
how can i plot multi time frame oscillators (Say USM 5 min, 15 min, 60 min)
in one chart (small TF Say 5 min)

Re: MultiTimeFrame

Posted: Fri Jul 21, 2017 6:27 pm
by earik
There are two ways:

1) If all your time frames fit together in the right way, you can use the smaller time frame to calculate the longer time frame indicators. For example, if you are on a 1min chart, and want a 5min chart's 10-bar moving average, you could just plot a 50-bar average on the 1min chart. It's the same value. Sometimes that's harder to do though, depending on the indicator.

2) You can calculate all the indicators on their own charts, then write the data out to a text file. On the faster time frame chart, read the data and plot the lines. If you run into synchronization issues, like where the file from the long term chart gets written after the short term chart already plots, you might have to do a Ctrl-K to refresh and reload the data. That can be annoying, which is why it's better if you can do the other option.

Earik

Re: MultiTimeFrame

Posted: Sat Jul 22, 2017 5:31 am
by rlygangesh
hI Sir

first is theoretically right not practically , DMI(14) in 15 min , DMI(42) in 5 min but result is different. if one use MACD like oscillator than result very poor.
for second way , it should ok but tough to follow when live market