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Coding an daily indicator on a intraday chart


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Coding an daily indicator on a intraday chart

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  #1 (permalink)
johni
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How to code an daily indicator on an intraday chart

Want to code a daily moving average and daily stardard deviation and put on an intraday chart

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 RM99 
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johni View Post
How to code an daily indicator on an intraday chart

Want to code a daily moving average and daily stardard deviation and put on an intraday chart

You'll have to use 1440 minutes on an intraday chart.

If you're wanting to plot the values on a smaller time frame chart, you'll have to develop items in the global dictionary and then plot them using an indicator that references them.

"A dumb man never learns. A smart man learns from his own failure and success. But a wise man learns from the failure and success of others."
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johni
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Require a dll on the global directory?

Do you have some daily indicator for intraday chart?

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 SammyD 
Salt Lake City, Utah
 
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You can always add multiple data streams to the chart and recode the indicator to reference the larger timeframe datastream for variables and calculations. Here is a very simple example of an exponential moving average function that is calculated on datastream 2:

inputs:
Length(numericsimple);

vars:
Xavg2(0,Data2);

Xavg2=xaverage(close data2,Length)Data2;

$xavg2=Xavg2;

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 NW27 
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SammyD View Post

$xavg2=Xavg2;

Hi,

Whats the $... bit for?

Neil.

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 SammyD 
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Perhaps the above example wasn't a good one because it is a function. The $ is simply an identifier that I use to distinguish items I've coded so that they will stand out in a directory from the default functions/indicators/strategies etc. For instance, TS may come out of the box with a function named "Average". If I coded my own version of this function, I would name it "$Average" to set it apart from the default name. I hope that makes sense. If, on the other hand, you are asking what the statement does, it is a necessary requirement of all functions to have this line, typically at the bottom. With all of that said, here is, perhaps, an easier example of "aliasing". This is the official term for coding multiple data streams into an indicator/function/strategy. All prices, variables, and function calls should be explicitly aliased to a data stream

inputs:
FastMALen( 5 );

variables:
FastMA( 0, Data2 );

FastMA = Average( Close of Data2, FastMALen ) of Data2 ;

Of course, to make this an indicator, simply add a "plot" statement.

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 BenosBanderos 
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johni View Post
How to code an daily indicator on an intraday chart

Want to code a daily moving average and daily stardard deviation and put on an intraday chart

I did this fairly simply by using CloseD, OpenD etc instead of Close in the indicator. I don't think these EL functions are documented by Multicharts but they work.

 
Code
var0 = XAverage(CloseD,50);

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nikke
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BenosBanderos View Post
I did this fairly simply by using CloseD, OpenD etc instead of Close in the indicator. I don't think these EL functions are documented by Multicharts but they work.

 
Code
var0 = XAverage(CloseD,50);

Maybe that works in an indicator, but at least in a signal I cannot use this:
 
Code
 LinearRegAngle(LowD, 9)
So have to add the 1440min dataseries.

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 BenosBanderos 
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nikke View Post
in a signal I cannot use this:
 
Code
 LinearRegAngle(LowD, 9)

Why not? Are you getting an error in when compiling? What is it?

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Last Updated on March 20, 2012


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