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ChrisTinaBruce

How Do I Combine Different Time Frame Chart Indicators

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How do I combine different time frame chart indicators? I am using Tradestation and trade the e min. I am trying to add the @es 60 minute chart Floor trader pivot levels indicator on a 1500 tick bar chart.

 

Thanks for any suggestions.

Chris Tina

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I have the info I need for higher time frames observing the SIGNALS OF CERTAIN INDICATORS in higher time frames ,in Tradestation FXCM , using the indicators with the following name

( name of indicator ) Heat_map.

Example: You look at 60 minchart and want to know the signals of the indicator ‘’supertrend’’in charts 2H, 4H, 8H, D

Find in tradestation : SUPERTREND_HEAT_MAP NEW2 , Check the existing base for a''heatmap '' indicator for other instruments.

Was this what you asked?

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How do I combine different time frame chart indicators? I am using Tradestation and trade the e min. I am trying to add the @es 60 minute chart Floor trader pivot levels indicator on a 1500 tick bar chart.

 

Thanks for any suggestions.

Chris Tina

 

Hello,

 

This is pretty tricky to do. Not impossible, by any means, but probably more hassle than it's worth . . .

 

Before spending any time trying to help you do this, I'd like to try and help you in another way:

 

"Floor Trader Pivots" are just averages. They take a few data points as inputs, and then calculate a rather convoluted weighted average of them. There is absolutely no reason whatsoever to imagine that there is anything special about the price levels they produce. No reason to expect such levels to act as support/resistance, or that price will "breakout" from them.

 

In short, I think that they're a complete waste of anyone's time. I spent a reasonable amount of time looking for strategies around these levels, and could find absolutely no edge whatsoever, even with a ridiculous amount of curve-fitting in the strategies.

 

I could be completely wrong, of course, but my advice would be to look for a different way to trade. If you're desperate to continue with 60min pivots on tick charts, then say so and I will try and find a simple way to help you do this.

 

Kind regards,

 

BlueHorseshoe

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Using the Easy Language Collections Global Dictionary it is quite easy to store any value from any chart and then retrieve and plot that value on any other chart from any other time frame.

 

Once calculated code like this posts to the global dictionary with a time based key that is down to 1 second granularity.

 

Using ELSystem;

Using ElSystem.collections;

Vars: IntraBarPersist CTVol(0);

 

Vars: GlobalDictionary CTV(null);

Once CTV = GlobalDictionary.create (True, "NetTVol");

If CTV.contains(BarDateTime.tostring()) then begin

CTV.Items[barDateTime.tostring()] = CTVol astype INT;

end

else begin

CTV.Add(BarDAteTime.ToString(), CTVol astype INT);

end;

 

 

Here is a sample of the code used to retrieve that value and then plot it

 

Using ELSystem;

 

Using ElSystem.collections;

 

Vars: IntraBarPersist CTVol(0);

 

Vars: GlobalDictionary CTV(null);

Once CTV = GlobalDictionary.create (True, "NetTVol");

If CTV.contains(BarDateTime.tostring()) then begin

CTVol = CTV.Items[barDateTime.tostring()] astype INT;

end;

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Using the Easy Language Collections Global Dictionary it is quite easy to store any value from any chart and then retrieve and plot that value on any other chart from any other time frame.

 

Once calculated code like this posts to the global dictionary with a time based key that is down to 1 second granularity.

 

Thanks - I didn't know how to do any of that (although I was aware it could be done) - it may be useful to me in another context.

 

Always good to see you back on the forum!

 

Kind regards,

 

BlueHorseshoe

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Thanks - I didn't know how to do any of that (although I was aware it could be done) - it may be useful to me in another context.

 

Always good to see you back on the forum!

 

Kind regards,

 

BlueHorseshoe

 

Blue,

 

Thanks for the kind words. I find the global dictionary to be quite useful, especially now that historical time granularity in TradeStation is down to 1 second.

 

As you cannot get intrabar IntraBarPersist data from indicators run on historical charts, I calculated the data using IntraBarPersist in a strategy and then post it to the dictionary for historical visual reference of intra bar information from any or a collection of indicators and time frames on any chart of any time frame.

 

cheers

 

UB

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