Multi Time Frames

• 11/05/2021 at 7:13 AM #181010
  IG_CFD_Trader

  Hello coders,

  Would the below simple indicator work on a 1 Hr chart?

  defparam drawonlastbaronly = true
  if CurrentTime = 172000 Or OpenTime = 172000 Then
  DrawText(“Check 65m TimeFrame”,barindex,high+10,SansSerif,standard,16)coloured(255,255,255)
  Endif
  Return

  if it doesn’t work, is there a way to fix the code to make it work?

   

  

  IG_CFD_Trader

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  11/05/2021 at 8:36 AM #181012
  robertogozzi

  1-hour TF will only open, and close, every hour, so there will never be a chance for a condition to be met at a 20-minute time.

  You need to change TF or your code as follows:

  if Time = 172000 or (Time > 172000 and Time[1] < 172000) then

  1	if Time = 172000 or (Time > 172000 and Time[1] < 172000) then

  you can replace TIME by OPENTIME.

  

  robertogozzi

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  11/05/2021 at 8:45 AM #181013
  IG_CFD_Trader

  I am confused. Did you mean the code will never work on 1 Hr chart no matter what or are you saying if I change the code to what you suggested then the 20 minute time condition will be met on 1 Hr chart?

  

  IG_CFD_Trader

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  11/05/2021 at 12:26 PM #181027
  robertogozzi

  No, it allows your condition to be checked on the first TF boundary AFTER 172000.

  On a 1-hour TF your condition will be met at 180000.

  With your code it will never be met.

   

  

  robertogozzi

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  11/05/2021 at 9:08 PM #181082
  IG_CFD_Trader

  No good mate. I want my condition to be met at precisely 172000 when I am on a 1 Hr chart. is it possible?

  

  IG_CFD_Trader

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  11/05/2021 at 9:16 PM #181083
  robertogozzi

  Nope. Sorry.

   

  

  robertogozzi

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  11/06/2021 at 12:37 AM #181096
  IG_CFD_Trader

  Tnx Roberto. Much appreciated mate.

  

  IG_CFD_Trader

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  11/08/2021 at 5:48 AM #181207
  IG_CFD_Trader

  Would the below trick code work and Draw the Text at 15.45 on the 1 Hr Chart?

  defparam drawonlastbaronly = true elapsed = timestamp - opentimestamp if OPENTIME = 150000 then if elapsed = 2700 then DrawText("Check 135m F9",barindex,high+10,SansSerif,standard,16)coloured(255,255,255) Endif Endif Return

  1 2 3 4 5 6 7 8

  defparam drawonlastbaronly = true elapsed = timestamp - opentimestamp if OPENTIME = 150000 then if elapsed = 2700 then DrawText("Check 135m F9",barindex,high+10,SansSerif,standard,16)coloured(255,255,255) Endif Endif Return

   

   

  

  IG_CFD_Trader

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  11/08/2021 at 11:46 AM #181233
  Nicolas

  The above code should work, but the text will appear only at exact timestamp. But you will probably not see it for 2 reasons:

  1. “elapsed” is equal to 7200 seconds, there is only a small chance the 1-hour bar will update at this precise second
  2. if the text is plotted, it will disappear automatically since you are using a drawonlastbaronly

  

  Nicolas

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  11/08/2021 at 12:40 PM #181237
  IG_CFD_Trader

  Tnx Nicolas.

  

  IG_CFD_Trader

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