Maybe i'm just tired but I can't find an indicator that displays moving averages from a different time frame (i.e. display 8SMA from the weekly on an intraday 5 minute chart).
I accomplish this through the use of @Fat Tails multi time frame study called VisualSMA This allows the placement of a color selectable SMA of one time frame placed upon the chart of another time frame and has allowed me to eliminate the use of multiple screens in some instances. There is also an EMA version known as VisualEMA. Below are links to both indicators. You can learn more about these indicators in the "Coding Multi Time Frame" thread here
I am still relying on NinjaTrader to code my indicators and have recently played around with adding secondary bar series to indicators, so I just want to share my experience and show what currently can be done and what can't be done.
Of course …
In the screenshots attached below the EMA you see is the 4hr 10 EMA inside both a 1hr and 15 min chart , the example shown is using the VisulaEMA indicator version but the VisualSMA version works exactly the same. Using VisualSMA you can put an 8SMA of one time frame onto the chart of another time frame as you requested. The links to both Indicators are below.
Exported using NT Version 7.0.1000.11
Indicator will only run on NT 7.0.1000.4 or later.
The VisualSMA is a MTF (multi-timeframe) version of the Simple Moving Average. It will plot on any chart and allows to calculate the moving average
- from …
Exported using NT Version 7.0.1000.11
Indicator will only run on NT 7.0.1000.4 or later.
The VisualEMA is a MTF (multi-timeframe) version of the Exponential Moving Average. It will plot on any chart and allows to calculate the moving average
- …
Hope this helps,
Sean
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