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Bollingers band from other time frame


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Bollingers band from other time frame

  #1 (permalink)
 liorzuk 
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Hello
Does someone know if there is a way to add a bollinger band indicator from 5 min chart on a 1 hour chart?

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  #3 (permalink)
 
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 xplorer 
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liorzuk View Post
Hello
Does someone know if there is a way to add a bollinger band indicator from 5 min chart on a 1 hour chart?

Hi liorzuk - how would that work though? Wouldn't you have data that makes no sense?

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  #4 (permalink)
 
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 lemons 
Tallinn, Estonia
 
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In SierraCharts it simple but I don't know about NT.

It takes last 5 min bars Bollingers band values and applies to hourly.
But question is how can you use them.
You can't look previous hourly bar and say bottom band was good place to buy.



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  #5 (permalink)
 
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 xplorer 
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lemons View Post
In SierraCharts it simple but I don't know about NT.

It takes last 5 min bars Bollingers band values and applies to hourly.
But question is how can you use them.
You can't look previous hourly bar and say bottom band was good place to buy.

Perhaps I don't understand the question, but let me ask: how can you apply in a meaningful way a 5-min BB indicator to an hourly chart? Where would you place it?

Say it's 5pm now. Where would your 5-mins bollinger band start from? Which point would it coincide with the hourly bar? And why?

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  #6 (permalink)
 Abde 
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liorzuk View Post
Hello
Does someone know if there is a way to add a bollinger band indicator from 5 min chart on a 1 hour chart?

@liorzuk,

The xavMTFv1SlopeAlerts indicatior can do what you want. Itīs located in post 35 here:

Hope this helps

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  #7 (permalink)
 
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 lemons 
Tallinn, Estonia
 
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xplorer View Post
Perhaps I don't understand the question, but let me ask: how can you apply in a meaningful way a 5-min BB indicator to an hourly chart? Where would you place it?

Say it's 5pm now. Where would your 5-mins bollinger band start from? Which point would it coincide with the hourly bar? And why?

I showed that its possible. Value of it can tell only liorzuk.
You can see only present values of 5-mins bollinger band on hourly chart

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  #8 (permalink)
 
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 xplorer 
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lemons View Post
I showed that its possible. Value of it can tell only liorzuk.
You can see only present values of 5-mins bollinger band on hourly chart

Thx lemons. I still don't get it.

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