indicator interval printing (higher timeframe to lower one)

• 12/13/2017 at 3:34 PM #55586
  Seb

  Hi everyone, I’m trying to make a higher timeframe EMA in my (lower timeframe) chart. I can print the values that have to be the input for the EMA calculation, but there are 0 values in between. The 0 values affect the calculation of the EMA. Therefore my question: is it possible to let an indicator print at intervals?

  

  Seb

  Participant

  Topics: 16

  Replies: 42

  Been thanked: 2 times
  12/14/2017 at 9:15 AM #55636
  Nicolas

  Difficult to answer your question without your code. But I think you are calling the EMA only one time at round hour and not in between. If you are calculating only on Close, you should give your variable the same value as the one before or not resetting it to zero. Once again, please share the code with the community, it would help also a lot of people here to know how you are achieving this interesting result (higher TF moving average on lower timeframe).

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4773 times
  12/14/2017 at 10:29 AM #55648
  Seb

  Credit goes to JMat45 for his Higher timeframe RSI code, I used the first part of his code to time the close of the higher timeframe in the lower timeframe chart. In the chart of my first post I print “htfclose”, the 60 minute close, in a 5 minute chart. In the code below I attempt to code an EMA(3) of the 60 minute timeframe for a 5 minute chart, but without success. The ExponentialAverage[3](htfclose) function of PRT doesn’t work either; it takes in the 0’s in between of the htfclose values, which gives a lower than supposed result. Therefore my question was if it’s possible to print at intervals, so the 0’s won’t be put in the calculation of the EMA3.

  attempt to code EMA(3) of a higher timeframe

  HigherTimeFrame = 60 // Chart timeframe: IF Minute > 0 THEN IF Day = Day[1] THEN ChartTimeframe = Minute-Minute[1] ELSIF Day <> Day[1] THEN ChartTimeframe = Minute ENDIF ELSIF Minute = 0 THEN IF Hour - Hour[1] = 1 THEN ChartTimeframe = (60-Minute[1]) ELSIF Hour - Hour[1] > 1 THEN ChartTimeframe = (Hour-Hour[1]) * 60 ENDIF ENDIF IF BarIndex > 0 AND BarIndex[1] > 0 AND ChartTimeFrame <> ChartTimeFrame[1] THEN ChartTimeFrame = ChartTimeFrame[1] ENDIF // StartHour = 7 // No. of Closes to go back for each higher timeframe: ResHTF = (Hour-StartHour) MOD MAX((HigherTimeFrame/60),1) IF ChartTimeFrame > 0 THEN Calc1 = Minute MOD HigherTimeFrame Calc2 = Minute MOD ChartTimeFrame Pf1 = (ResHTF[1]*60) + (((Calc1-Calc2)/ChartTimeFrame)+1)[1] ENDIF if Pf1 = HigherTimeFrame/ChartTimeFrame then result = close else result = 0 endif htfclose = result //Let's try EMA3 of the HigherTimeFrame (htfclose) if Pf1 = HigherTimeFrame/ChartTimeFrame then EMA3 = (htfclose+(htfclose[HigherTimeFrame/ChartTimeFrame]*0.5)+(htfclose[((HigherTimeFrame/ChartTimeFrame)*2)]*SQUARE(0.5)))/(1+0.5+Square(0.5)) endif return EMA3

  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

  HigherTimeFrame = 60   // Chart timeframe: IF Minute > 0 THEN IF Day = Day[1] THEN ChartTimeframe = Minute-Minute[1] ELSIF Day <> Day[1] THEN ChartTimeframe = Minute ENDIF ELSIF Minute = 0 THEN IF Hour - Hour[1] = 1 THEN ChartTimeframe = (60-Minute[1]) ELSIF Hour - Hour[1] > 1 THEN ChartTimeframe = (Hour-Hour[1]) * 60 ENDIF ENDIF IF BarIndex > 0 AND BarIndex[1] > 0 AND ChartTimeFrame <> ChartTimeFrame[1] THEN ChartTimeFrame = ChartTimeFrame[1] ENDIF   // StartHour = 7 // No. of Closes to go back for each higher timeframe: ResHTF = (Hour-StartHour) MOD MAX((HigherTimeFrame/60),1) IF ChartTimeFrame > 0 THEN Calc1 = Minute MOD HigherTimeFrame Calc2 = Minute MOD ChartTimeFrame Pf1 = (ResHTF[1]*60) + (((Calc1-Calc2)/ChartTimeFrame)+1)[1] ENDIF   if Pf1 = HigherTimeFrame/ChartTimeFrame then result = close else result = 0 endif htfclose = result   //Let's try EMA3 of the HigherTimeFrame (htfclose) if Pf1 = HigherTimeFrame/ChartTimeFrame then EMA3 = (htfclose+(htfclose[HigherTimeFrame/ChartTimeFrame]*0.5)+(htfclose[((HigherTimeFrame/ChartTimeFrame)*2)]*SQUARE(0.5)))/(1+0.5+Square(0.5)) endif   return EMA3

   

  

  Seb

  Participant

  Topics: 16

  Replies: 42

  Been thanked: 2 times
  12/14/2017 at 10:56 AM #55650
  Nicolas

  I don’t know if the EMA calculation is correct and accurate with the real superior timeframe EMA, but I fixed the way it is displayed, now the curve is continuous. Interesting code, thanks for sharing it 🙂 

  HigherTimeFrame = 60 // Chart timeframe: IF Minute > 0 THEN IF Day = Day[1] THEN ChartTimeframe = Minute-Minute[1] ELSIF Day <> Day[1] THEN ChartTimeframe = Minute ENDIF ELSIF Minute = 0 THEN IF Hour - Hour[1] = 1 THEN ChartTimeframe = (60-Minute[1]) ELSIF Hour - Hour[1] > 1 THEN ChartTimeframe = (Hour-Hour[1]) * 60 ENDIF ENDIF IF BarIndex > 0 AND BarIndex[1] > 0 AND ChartTimeFrame <> ChartTimeFrame[1] THEN ChartTimeFrame = ChartTimeFrame[1] ENDIF // StartHour = 7 // No. of Closes to go back for each higher timeframe: ResHTF = (Hour-StartHour) MOD MAX((HigherTimeFrame/60),1) IF ChartTimeFrame > 0 THEN Calc1 = Minute MOD HigherTimeFrame Calc2 = Minute MOD ChartTimeFrame Pf1 = (ResHTF[1]*60) + (((Calc1-Calc2)/ChartTimeFrame)+1)[1] ENDIF if Pf1 = HigherTimeFrame/ChartTimeFrame then result = close else result = result[1] endif htfclose = result //Let's try EMA3 of the HigherTimeFrame (htfclose) if Pf1 = HigherTimeFrame/ChartTimeFrame then EMA3 = (htfclose+(htfclose[HigherTimeFrame/ChartTimeFrame]*0.5)+(htfclose[((HigherTimeFrame/ChartTimeFrame)*2)]*SQUARE(0.5)))/(1+0.5+Square(0.5)) endif return EMA3

  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

  HigherTimeFrame = 60   // Chart timeframe: IF Minute > 0 THEN IF Day = Day[1] THEN ChartTimeframe = Minute-Minute[1] ELSIF Day <> Day[1] THEN ChartTimeframe = Minute ENDIF ELSIF Minute = 0 THEN IF Hour - Hour[1] = 1 THEN ChartTimeframe = (60-Minute[1]) ELSIF Hour - Hour[1] > 1 THEN ChartTimeframe = (Hour-Hour[1]) * 60 ENDIF ENDIF IF BarIndex > 0 AND BarIndex[1] > 0 AND ChartTimeFrame <> ChartTimeFrame[1] THEN ChartTimeFrame = ChartTimeFrame[1] ENDIF   // StartHour = 7 // No. of Closes to go back for each higher timeframe: ResHTF = (Hour-StartHour) MOD MAX((HigherTimeFrame/60),1) IF ChartTimeFrame > 0 THEN Calc1 = Minute MOD HigherTimeFrame Calc2 = Minute MOD ChartTimeFrame Pf1 = (ResHTF[1]*60) + (((Calc1-Calc2)/ChartTimeFrame)+1)[1] ENDIF   if Pf1 = HigherTimeFrame/ChartTimeFrame then result = close else result = result[1] endif htfclose = result   //Let's try EMA3 of the HigherTimeFrame (htfclose) if Pf1 = HigherTimeFrame/ChartTimeFrame then EMA3 = (htfclose+(htfclose[HigherTimeFrame/ChartTimeFrame]*0.5)+(htfclose[((HigherTimeFrame/ChartTimeFrame)*2)]*SQUARE(0.5)))/(1+0.5+Square(0.5)) endif   return EMA3

   

  

  Nicolas

  Keymaster

  Topics: 81

  Replies: 20863

  Been thanked: 4773 times
• Author
  Posts