Multi timeframe – MTF indicators for ProRealTime

• 12/22/2020 at 2:44 AM #154809
  trevor

  Hello everybody. I am trying to use the MTF in a momentum strategy that is in its early stages.

  I am using the close of multiple moving averages, that are < or > the previous close. In the hour TF.

  Wanting to open a trade at the start of the hour candle, and close at the end of the candle. So that I can open another trade at the start of the next candle.

  The only work around I have found is using the 1 minute time frame, and closing the trade at 235900. I minute before the end of the day.

  But my strategy will not trade both longs and shorts. Some currency pairs trade longs only, and others trade shorts only.

  Being a code learner at the early stages, I have no idea of how to fix this!

  

  trevor

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  12/22/2020 at 8:34 PM #154918
  trevor

  This is the code. I thought I had attached it.

  

  trevor

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  12/22/2020 at 8:37 PM #154920
  trevor

  This is the proper file. Sorry all.

  

  trevor

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  12/24/2020 at 6:24 AM #155077
  Jerome888

  Hi all,

   

  Nicolas sorry I think I have posted a message in English on the French Forum. You can delete it if needed.

  The here below code draw n/d

  timeframe(15 minutes) SSpanA = SenkouSpanA[9,26,52]//(tenkan[KijPeriod]+kijun[KijPeriod])/2 timeframe(1 minutes) DRAWTEXT(SSpanA, barindex, high+1, Dialog, Bold, 12) COLOURED(255,140,0,255) return

  1 2 3 4 5 6 7

  timeframe(15 minutes) SSpanA = SenkouSpanA[9,26,52]//(tenkan[KijPeriod]+kijun[KijPeriod])/2   timeframe(1 minutes) DRAWTEXT(SSpanA, barindex, high+1, Dialog, Bold, 12) COLOURED(255,140,0,255)   return

  if I replace the timeframe 15 by

  • timeframe 5: Everything is OK
  • 1 hour,  4 hours fail as well…

  Thank you

  

  Jerome888

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  12/27/2020 at 7:42 AM #155294
  s00071609

  Is the v11 multi timeframe indicator working. I am getting “calculation error” when trying to load the indicator. Could someone confirm if this is common issue?

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  Jerome888

  

  s00071609

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  12/27/2020 at 10:43 AM #155306
  robdav

  I find this can happen if you have too much historical data loaded.

  Try reducing the number of bars displayed on the chart maybe?

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  Jerome888

  

  robdav

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  12/27/2020 at 2:10 PM #155334
  Jerome888

  @robdav, the solution appears in this direction, the contrary in fact ! If I do not load enough historical data, the n/d appears

  Thank you.

  I am now  looking for a coding solution where I could load more data than the ones displayed.

   

  

  Jerome888

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  01/01/2021 at 7:55 PM #155884
  Newbie

  Thank you PRT… I can’t wait to start playing with these new functions.

  

  Newbie

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  01/09/2021 at 1:40 PM #157088
  Ermitage

  Hi All,

  Is it possible to mix different multitime frame in ticks and time based, for instance apply in a timeframe 1h an indicator based on 200 ticks.

  Thanks

  

  Ermitage

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  01/09/2021 at 2:23 PM #157093
  robertogozzi

  No, they cannot be mixed.

   

  

  robertogozzi

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  02/23/2021 at 2:58 PM #162444
  Jaldidee

  Good afternoon,

  I am also trying to use MTF on indicators in a strategie. The idea is to use the historiv volatility on de daily timeframe in a 5 minute timeframe strategie.

  First I created the indicator (see below)

  timeframe(daily, updateonclose) myvolatility = HistoricVolatility[20](close) return myvolatility

  1 2 3 4

  timeframe(daily, updateonclose) myvolatility = HistoricVolatility[20](close)   return myvolatility

  But when I look at the indicator on the five minute chart it gives a completely different value the the historicvolatility on the daily chart.

  How is this possible and what am i doing wrong? Also the indicator does not go further back then 25th of januari. Why is that?

  Hope somebody can help me.

  Kind Regards,

  Jaldidee

  

  Jaldidee

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  02/23/2021 at 3:55 PM #162455
  robertogozzi

  This might be of help https://www.prorealcode.com/topic/indicator-for-system/page/2/#post-162300.

   

  

  robertogozzi

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  02/23/2021 at 3:55 PM #162456
  Nicolas

  Expand the units displayed of the 5-minutes TF chart, in order to get the necessary data to calculate the historical volatility of the daily timeframe.

  

  Nicolas

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  04/09/2021 at 3:10 PM #166630
  ginko

  I saw an issue with multiple TimeFrames for long EMAs (600 periods) when computing them through the strategy tester and indicators.
  Results are différent. Numlber of displayed units is the same.

  Codes are the same except that one is inside a strategy tester, the other inside an indicator.

  It seems related to the number of units displayed in the 1 minute graph.

  It seems also the issue appears on the multiple timeframe indicator with 15 k units of 1 minute (that  should be OK to compute a EMA(600) in 15 minutes because 15 * 600 = 9000 < 15 000),

  Same issue with 20 k units.

  When I display 30 k units, then it works better (not fully accurate though). I show this différence_StratégieEtIndicateurMTF3.JPG in which the middle graph is showing the issue. Left graph is the accurate number (15 minute timeframe), Middle (15 k units in 1 minute) is wrong and right is better (30k units of 1 minute), but not fully accurate though…

  Is this a known problem ?
  Thanks for your help

  

  ginko

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  04/09/2021 at 4:28 PM #166643
  Nicolas

  EMA uses the previous EMA value with a weighting factor to continuously calculate the new value, so a decay might happen if you start the calculation earlier or later, and that’s what you are observing here. If I use 30k units, I get the same results on the current bar.

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  ginko

  

  Nicolas

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