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Trendlines not matching from Higher Timeframe to lower Timeframe?
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Trendlines not matching from Higher Timeframe to lower Timeframe?

  #1 (permalink)
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Trendlines not matching from Higher Timeframe to lower Timeframe?

How come the trendline from a 4181 tick chart when put to 'global' on all charts ends up being very different then if I put it directly on say a 144 chart?

I will line up my trendline precisely on the same points and on the 4181 the trendlines look beautiful, but on the 144 it will be off and vice-versa?

Why are there inconsistancies between timeframes etc..?

I can snap a picture if nobody knows, but strange to me as I would think they would line up precisely.

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  #2 (permalink)
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I believe I read it is because the trendline start/end points are being marked/recorded by time and not by price. Or maybe the opposite. Just guessing, I'm sure someone else can give you a more definitive answer.

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  #3 (permalink)
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bluemele View Post
How come the trendline from a 4181 tick chart when put to 'global' on all charts ends up being very different then if I put it directly on say a 144 chart?

I will line up my trendline precisely on the same points and on the 4181 the trendlines look beautiful, but on the 144 it will be off and vice-versa?

Why are there inconsistancies between timeframes etc..?

I can snap a picture if nobody knows, but strange to me as I would think they would line up precisely.

Best you post a chart to explain what you mean. I do not know what is a 'global' mode for trend lines.

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  #4 (permalink)
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Fat Tails View Post
Best you post a chart to explain what you mean. I do not know what is a 'global' mode for trend lines.

Ok, next time I get one I will post it. It is interesting to see and it confuses the hell out of me.

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  #5 (permalink)
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bluemele View Post
How come the trendline from a 4181 tick chart when put to 'global' on all charts ends up being very different then if I put it directly on say a 144 chart?

I will line up my trendline precisely on the same points and on the 4181 the trendlines look beautiful, but on the 144 it will be off and vice-versa?

Why are there inconsistancies between timeframes etc..?

I can snap a picture if nobody knows, but strange to me as I would think they would line up precisely.

I feel your pain, I run into the same problem with two different platforms I use...might be just "one of those things"

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  #6 (permalink)
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Yeah, does it on both NT and SC. I think its because both price and time will never match up on two different scale charts

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  #7 (permalink)
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i get this happening whenever I try to match up a range bar swing with a time based swing. Almost never matches.

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  #8 (permalink)
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bluemele View Post
How come the trendline from a 4181 tick chart when put to 'global' on all charts ends up being very different then if I put it directly on say a 144 chart?

I will line up my trendline precisely on the same points and on the 4181 the trendlines look beautiful, but on the 144 it will be off and vice-versa?

Why are there inconsistancies between timeframes etc..?

I can snap a picture if nobody knows, but strange to me as I would think they would line up precisely.

This is since anchor points need to be defined by time in order for them to be shared across more than one chart. Time is the uniform common denominator across charts.

Let me provide an example:

- Low made at 9:03:30 AM
- On a 1 minute bar you would see this low at 9:04 bar
- On a 5 minute bar you would see this low on the 9:05 bar
- If you drop the trend line anchor on the low of the 9:05 bar it will have a time stamp of 9:05
- When this trendline is then displayed on a 1 minute chart, it will be dropped on the 9:05 bar since that is the time stamp of the anchor point

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  #9 (permalink)
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Video

Ok, showing extreme example of 50K --> 144 chart.

Both are ticks, but when you hit 'all charts' the trendlines are totally off.

Again, this is extreme as usually the difference is between 440 and 144 or 4181 and 144 etc..

I never had this issue with TradeStation and curious why we do in Ninja. This is definitely something that should not occur in my opinion. Of course there is always the possibility I am the idiot and my expectations are not what was meant to be.

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Charts.mp4 (5.41 MB, 55 views)
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  #10 (permalink)
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NinjaTrader View Post
This is since anchor points need to be defined by time in order for them to be shared across more than one chart. Time is the uniform common denominator across charts.

Let me provide an example:

- Low made at 9:03:30 AM
- On a 1 minute bar you would see this low at 9:04 bar
- On a 5 minute bar you would see this low on the 9:05 bar
- If you drop the trend line anchor on the low of the 9:05 bar it will have a time stamp of 9:05
- When this trendline is then displayed on a 1 minute chart, it will be dropped on the 9:05 bar since that is the time stamp of the anchor point

I will admit right off the top that I have not thought this through. But why not use price? Price seems to be the one true constant, not time.

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
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