Multi timeframe – MTF indicators for ProRealTime

• 07/08/2024 at 9:51 AM #234924
  xpe74

  Thanks, by launching the strategy on the 1 minute TMF, do you mean placing the  1mn lines at the beginning of the global code and then the 60 minutes conditions / lines of code ? Thanks

   

  

  xpe74

  Participant

  Topics: 2

  Replies: 5

  Been thanked: 0 times
  07/08/2024 at 10:31 AM #234929
  Nicolas

  Place your code related to the 60-minutes timeframe under this statement:

  TIMEFRAME(1 hour, updateonclose) //use update on close or not?

  1	TIMEFRAME(1 hour, updateonclose) //use update on close or not?

  and the rest, about the 1-minute conditions below this:

  TIMEFRAME(default)

  1	TIMEFRAME(default)

  Default is the current timeframe of the chart.

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4773 times
  07/08/2024 at 2:22 PM #234950
  xpe74

  HI, dos not work . My code (not even finished at that stage)  is looking like . The idea is to check few indicators during a 1 hour timeframe ad if one of the indicator is correctly responding, then to generate immedately an order during the 1 minute timeframe… It means i need to get the expected signal during the 60 minutes timeframe and immediately react under the 1 mn timeframe. It also means i cannot wait the 1 hour TF is closed and restart  ….thats probably the issue. I also tested the condition all conditions = order or 1 of the conditions )= order. without success.

  DEFPARAM CumulateOrders = False // Cumul des positions désactivé

  // Prevents the system from placing new orders on specified days of the week

  daysForbiddenEntry = OpenDayOfWeek = 6 OR OpenDayOfWeek = 0

  // Empêche le système de placer des ordres pour entrer sur le marché ou augmenter la taille d’une position avant l’heure spécifiée

  noEntryBeforeTime = 003000

  timeEnterBefore = time >= noEntryBeforeTime

  // Empêche le système de placer des ordres pour entrer sur le marché ou augmenter la taille d’une position après l’heure spécifiée

  noEntryAfterTime = 215500

  timeEnterAfter = time < noEntryAfterTime

  // Conditions pour ouvrir une position acheteuse

  timeframe (60 minutes)

  indicator1 = xxxx[x]

  c1 = (indicator1 > x)

  indicator2 = xxxxxx[x]

  indicator3 = xxxxx[x](open)

  c2 = (indicator2 CROSSES OVER indicator3)

  indicator4 = xxxxx[x](totalPrice)

  indicator5 = xxxxxxx[x](totalPrice)

  c3 = (indicator4 CROSSES OVER indicator5)

  indicator6 = xxxxxx[x](totalPrice)

  indicator7 = xxxxx[x](totalPrice)

  c4 = (indicator6 CROSSES OVER indicator7)

  indicator8 = xxxxxxxxx[x,y](close)

  indicator9 = xxxxxxx[x](xxxxxxxxxx[x,y](close))

  c5 = (indicator8 CROSSES OVER indicator9)

  indicator10 = xxxxxxxx[x](xxxxxxxxxxxxxxxx[x,y](close))

  c6 = (indicator10[1] CROSSES OVER indicator10)

  c7 = (indicator2[1] CROSSES OVER indicator3)

  timeframe(1 minute,default)

  IF (c1 AND c2 AND c3 AND c4 AND c5 AND c6 And 7) AND not daysForbiddenEntry THEN

  BUY 1 SHARES AT MARKET

  ENDIF

   

   

   

  

  xpe74

  Participant

  Topics: 2

  Replies: 5

  Been thanked: 0 times
  07/08/2024 at 3:34 PM #234956
  Philstrading

  Hmmm

  Lolzzzz

  Anyway, your want an indicator on the 1hr timeframe to trigger a buy or sell on the 1 minute timeframe…

  It wont happen, becuase you may have to wait a minute for the close of the 1 minute… so here’s an example code, but for an immediate reaction run on the 1 second timeframe not 1 minute…Let me give you a code for running a code on 1 second chart only using the values or results from 5 or 10 minutes chart.
  So once you have the variable triggered in the HTF the in the below case it retains the value of the close, otherwise it updates all the time and messes up the trail… so

  timeframe (1hour, updateonclose)
  If not onmarket then
  mytrigger=0
  endif
  if movingaverageA crossesovermoving averageB then
  Mytrigger=1
  else
  mytrigger=0
  endif
  timeframe (1 second)
  If not onmarket and mytrigger=1 then
  sell myamount contracts at market
  endif

  // If you use the 1 minute chart, you may have to await the end of bar, so for immediate execution use the 1 second timeframe for execution of trades and HTFs for conditions determination

   

  Timeframe (10 minute, updateonclose) //this will ensure only the close value is taken and it doesnt constantly update on the deafault timeframe//
  Timeframe (10 minute, updateonclose)
  if close[0] then
  close10min=close[0]
  endif

  Timeframe (5 minute, updateonclose)
  if close[0] then
  close5min=close[0]
  endif

  timeframe (default)//you can put this as 5 minutes, or whatever but the code runs on the 1 second chart and runs the dax trail perfectly well
  if daxtrail5mins=1 then
  once m=0
  IF Not OnMarket THEN
  trailpausecount=0
  TrailStart = 8 //10 Start trailing profits from this point
  BasePerCent = 0.100 //10.0% Profit to keep
  StepSize = 3 //6 Pips chunks to increase Percentage
  PerCentInc = 0.100 //10.0% PerCent increment after each StepSize chunk
  RoundTO = -0.5 //-0.5 rounds to Lower integer, +0.4 rounds to Higher integer
  PriceDistance = 7 * pipsize//8.9 minimun distance from current price
  y1 = 0
  y2 = 0
  ProfitPerCent = BasePerCent
  endif
  If onmarket and m=0 then
  m=1
  ENDIF
  If not onmarket and m=1 THEN
  QUIT
  endif
  If trailtimeframe=5 then
  close5=close5min
  elsif trailtimeframe=10 THEN
  close5=close10min
  endif
  If onmarket and close5 then
  IF LongOnMarket AND close5 > (TradePrice + (y1 * pipsize)) THEN //LONG
  x1 = (close5 – tradeprice) / pipsize //convert price to pips
  IF x1 >= TrailStart THEN //go ahead only if N+ pips
  Diff1 = abs(TrailStart – x1)
  Chunks1 = max(0,round((Diff1 / StepSize) + RoundTO))
  ProfitPerCent = BasePerCent + (BasePerCent * (Chunks1 * PerCentInc))
  ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent))
  y1 = max(x1 * ProfitPerCent, y1) //y = % of max profit
  ENDIF
  ELSIF ShortOnMarket AND close5 < (TradePrice - (y2 * pipsize)) THEN//SHORT x2 = (tradeprice - close5) / pipsize //convert price to pips IF x2 >= TrailStart THEN //go ahead only if N+ pips
  Diff2 = abs(TrailStart – x2)
  Chunks2 = max(0,round((Diff2 / StepSize) + RoundTO))
  ProfitPerCent = BasePerCent + (BasePerCent * (Chunks2 * PerCentInc))
  ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent))
  y2 = max(x2 * ProfitPerCent, y2) //y = % of max profit
  ENDIF
  ENDIF
  IF y1 THEN //Place pending STOP order when y>0
  SellPrice = Tradeprice + (y1 * pipsize) //convert pips to price
  IF abs(close5 – SellPrice) > PriceDistance THEN
  IF close5 >= SellPrice THEN
  SELL AT SellPrice STOP
  ELSE
  SELL AT SellPrice LIMIT
  ENDIF
  ELSE
  SELL AT Market
  ENDIF
  If not onmarket and m=1 THEN
  QUIT
  endif
  ENDIF
  IF y2 THEN //Place pending STOP order when y>0
  ExitPrice = Tradeprice – (y2 * pipsize) //convert pips to price
  IF abs(close5 – ExitPrice) > PriceDistance THEN
  IF close5 <= ExitPrice THEN EXITSHORT AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice LIMIT ENDIF ELSE EXITSHORT AT Market ENDIF If not onmarket and m=1 THEN quit endif ENDIF endif endif


  

  Philstrading

  Participant

  Topics: 24

  Replies: 126

  Been thanked: 43 times
  07/08/2024 at 3:42 PM #234957
  Philstrading

  U know I didnt have insrt PRT code in my before window, so sorry abo that, thought something had changed, but now its there again…. Hmmm

   

  Heres the codes again

  multi timeframe events causing trigger in LTF

  timeframe (1hour, updateonclose) If not onmarket then mytrigger=0 endif if movingaverageA crossesovermoving averageB then Mytrigger=1 else mytrigger=0 endif timeframe (1 second) If not onmarket and mytrigger=1 then sell myamount contracts at market endif

  1 2 3 4 5 6 7 8 9 10 11 12 13

  timeframe (1hour, updateonclose) If not onmarket then mytrigger=0 endif if movingaverageA crossesovermoving averageB then Mytrigger=1 else mytrigger=0 endif timeframe (1 second) If not onmarket and mytrigger=1 then sell myamount contracts at market endif

  quit as its ran on a manual entry program on 1 seconds

  if close[0] then close10min=close[0] endif Timeframe (5 minute, updateonclose) if close[0] then close5min=close[0] endif timeframe (default)//you can put this as 5 minutes, or whatever but the code runs on the 1 second chart and runs the dax trail perfectly well if daxtrail5mins=1 then once m=0 IF Not OnMarket THEN trailpausecount=0 TrailStart = 8 //10 Start trailing profits from this point BasePerCent = 0.100 //10.0% Profit to keep StepSize = 3 //6 Pips chunks to increase Percentage PerCentInc = 0.100 //10.0% PerCent increment after each StepSize chunk RoundTO = -0.5 //-0.5 rounds to Lower integer, +0.4 rounds to Higher integer PriceDistance = 7 * pipsize//8.9 minimun distance from current price y1 = 0 y2 = 0 ProfitPerCent = BasePerCent endif If onmarket and m=0 then m=1 ENDIF If not onmarket and m=1 THEN QUIT endif If trailtimeframe=5 then close5=close5min elsif trailtimeframe=10 THEN close5=close10min endif If onmarket and close5 then IF LongOnMarket AND close5 > (TradePrice + (y1 * pipsize)) THEN //LONG x1 = (close5 – tradeprice) / pipsize //convert price to pips IF x1 >= TrailStart THEN //go ahead only if N+ pips Diff1 = abs(TrailStart – x1) Chunks1 = max(0,round((Diff1 / StepSize) + RoundTO)) ProfitPerCent = BasePerCent + (BasePerCent * (Chunks1 * PerCentInc)) ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent)) y1 = max(x1 * ProfitPerCent, y1) //y = % of max profit ENDIF ELSIF ShortOnMarket AND close5 < (TradePrice - (y2 * pipsize)) THEN//SHORT x2 = (tradeprice - close5) / pipsize //convert price to pips IF x2 >= TrailStart THEN //go ahead only if N+ pips Diff2 = abs(TrailStart – x2) Chunks2 = max(0,round((Diff2 / StepSize) + RoundTO)) ProfitPerCent = BasePerCent + (BasePerCent * (Chunks2 * PerCentInc)) ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent)) y2 = max(x2 * ProfitPerCent, y2) //y = % of max profit ENDIF ENDIF IF y1 THEN //Place pending STOP order when y>0 SellPrice = Tradeprice + (y1 * pipsize) //convert pips to price IF abs(close5 – SellPrice) > PriceDistance THEN IF close5 >= SellPrice THEN SELL AT SellPrice STOP ELSE SELL AT SellPrice LIMIT ENDIF ELSE SELL AT Market ENDIF If not onmarket and m=1 THEN QUIT endif ENDIF IF y2 THEN //Place pending STOP order when y>0 ExitPrice = Tradeprice – (y2 * pipsize) //convert pips to price IF abs(close5 – ExitPrice) > PriceDistance THEN IF close5 <= ExitPrice THEN EXITSHORT AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice LIMIT ENDIF ELSE EXITSHORT AT Market ENDIF If not onmarket and m=1 THEN quit endif ENDIF endif endif

  1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82

  if close[0] then close10min=close[0] endif Timeframe (5 minute, updateonclose) if close[0] then close5min=close[0] endif timeframe (default)//you can put this as 5 minutes, or whatever but the code runs on the 1 second chart and runs the dax trail perfectly well if daxtrail5mins=1 then once m=0 IF Not OnMarket THEN trailpausecount=0 TrailStart = 8 //10 Start trailing profits from this point BasePerCent = 0.100 //10.0% Profit to keep StepSize = 3 //6 Pips chunks to increase Percentage PerCentInc = 0.100 //10.0% PerCent increment after each StepSize chunk RoundTO = -0.5 //-0.5 rounds to Lower integer, +0.4 rounds to Higher integer PriceDistance = 7 * pipsize//8.9 minimun distance from current price y1 = 0 y2 = 0 ProfitPerCent = BasePerCent endif If onmarket and m=0 then m=1 ENDIF If not onmarket and m=1 THEN QUIT endif If trailtimeframe=5 then close5=close5min elsif trailtimeframe=10 THEN close5=close10min endif If onmarket and close5 then IF LongOnMarket AND close5 > (TradePrice + (y1 * pipsize)) THEN //LONG x1 = (close5 – tradeprice) / pipsize //convert price to pips IF x1 >= TrailStart THEN //go ahead only if N+ pips Diff1 = abs(TrailStart – x1) Chunks1 = max(0,round((Diff1 / StepSize) + RoundTO)) ProfitPerCent = BasePerCent + (BasePerCent * (Chunks1 * PerCentInc)) ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent)) y1 = max(x1 * ProfitPerCent, y1) //y = % of max profit ENDIF ELSIF ShortOnMarket AND close5 < (TradePrice - (y2 * pipsize)) THEN//SHORT x2 = (tradeprice - close5) / pipsize //convert price to pips IF x2 >= TrailStart THEN //go ahead only if N+ pips Diff2 = abs(TrailStart – x2) Chunks2 = max(0,round((Diff2 / StepSize) + RoundTO)) ProfitPerCent = BasePerCent + (BasePerCent * (Chunks2 * PerCentInc)) ProfitPerCent = max(ProfitPerCent[1],min(100,ProfitPerCent)) y2 = max(x2 * ProfitPerCent, y2) //y = % of max profit ENDIF ENDIF IF y1 THEN //Place pending STOP order when y>0 SellPrice = Tradeprice + (y1 * pipsize) //convert pips to price IF abs(close5 – SellPrice) > PriceDistance THEN IF close5 >= SellPrice THEN SELL AT SellPrice STOP ELSE SELL AT SellPrice LIMIT ENDIF ELSE SELL AT Market ENDIF If not onmarket and m=1 THEN QUIT endif ENDIF IF y2 THEN //Place pending STOP order when y>0 ExitPrice = Tradeprice – (y2 * pipsize) //convert pips to price IF abs(close5 – ExitPrice) > PriceDistance THEN IF close5 <= ExitPrice THEN EXITSHORT AT ExitPrice STOP ELSE EXITSHORT AT ExitPrice LIMIT ENDIF ELSE EXITSHORT AT Market ENDIF If not onmarket and m=1 THEN quit endif ENDIF endif endif

   

  

  Philstrading

  Participant

  Topics: 24

  Replies: 126

  Been thanked: 43 times
  08/22/2024 at 9:59 PM #236623
  repropel

  I would like to make an indicator with different timeframes. To give an example: If I wanted to observe if the RSI is oversold in a time frame of 1 second, let me know with a signal in a time frame of 5 minutes, which is where I usually work. My goal is to be able to save time and not have to change time frames.
  This you think can be achieved. I’ve been thinking about it for a while but I can’t do it.

  Thank you.

  

  repropel

  Participant

  Topics: 11

  Replies: 27

  Been thanked: 2 times
  08/23/2024 at 9:11 AM #236629
  robertogozzi

  The support for multiple time frames implies that on a 1-second TF you can check conditions on a 5-minute TF, not the other way round.

  The TF on your chart must always be the smallest one. Of course you can have both the 1-second and 5-minute TF on your chart, but the indicator needs to be added to the 1-second TF.

   

  1 user thanked author for this post.

  repropel

  

  robertogozzi

  Moderator

  Topics: 69

  Replies: 17131

  Been thanked: 4026 times
  08/23/2024 at 9:22 PM #236665
  repropel

  Thank you Roberto for your response.

  

  repropel

  Participant

  Topics: 11

  Replies: 27

  Been thanked: 2 times
  10/14/2024 at 1:17 PM #238975
  druby

   

  

  druby

  Participant

  Topics: 1

  Replies: 348

  Been thanked: 261 times
  10/16/2024 at 11:49 AM #239054
  ahmadfx

  is it possible to get hold of a value returned by a personal indicator  placed on a 3600 tick chart inside a 3 minute chart? This would be the difference between finding intraday trades 5 days a week and not finding one trade,  on time, in a week.

  

  ahmadfx

  Participant

  Topics: 0

  Replies: 1

  Been thanked: 0 times
  10/16/2024 at 3:15 PM #239079
  druby

  If your thinking of back-testing and automatic trading I think the answer is no.

  But if just as an indicator and manual trading, then very loosely Maybe.

  Arrays update on each tick, in a indicator, so you could count/accumulate the data.

  Storing it, and aligning to what was on the tick chart would be tricky but I think doable.

  However , when a chart is built, it appears to use OHLC  bar data until current bar where ticks available.

  Therefore you couldn’t gain access or look back for the ticks before current bar when chart opened.

  So either you would have to wait to accumulated enough tick data and/or open chart substantially earlier than you need.

  The automatic closing of  PRT would lose the tick data gathered on close/reboot.

  Also, if the chart window was re-calculated and updated, for any reason while open, the data would get lost.

  So though it maybe  possible, it would be a nightmare to use.

  The simple reason would be, you can not store user  data in the program which would be available the next time its run/opened.

  Now it maybe easier to build the 3min time frame on the 3600 tick chart.

  All 3min indicators would have to be converted.

  One limiting factor would be the number of bar needed in the chart to calculate the 3min indicators.

  Its hard to say yes with out knowing the full details of what your doing.

  Which ever way, it’s an out of the box, programming challenge.

  https://www.prorealcode.com/topic/show-5-minute-candlestick-in-1-minute-chart/

  

  druby

  Participant

  Topics: 1

  Replies: 348

  Been thanked: 261 times
• Author
  Posts