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Horizontal line of moving average


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Horizontal line of moving average

  #1 (permalink)
tanky
singapore
 
Posts: 3 since Oct 2019
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hi,

how do I plot a horizontal line on a 987 tick chart to show the current H4 50 EMA value? the horizontal line on 987 tick chart should extend from the last 50 candles to the rightmost of the chart.

thanks
tank

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  #2 (permalink)
 kjhosken 
Seattle, WA/USA
 
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tanky View Post
hi,

how do I plot a horizontal line on a 987 tick chart to show the current H4 50 EMA value? the horizontal line on 987 tick chart should extend from the last 50 candles to the rightmost of the chart.

thanks
tank

I don't believe you can do that. Tick charts are not time based, so time based information is difficult to handle. For example, you can have a bar that crosses the 4H closing mark, so how do you assign the value?

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  #3 (permalink)
 
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 wilson619 
San Diego, CA
 
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@tanky
Yes, you can do it. There are several vendors that have MTF indicators. Here's one I can recommend as I have purchased them. The company was sold to Purelogik, but still excellent support.
https://www.theindicatorclub.com/

Wilson

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  #4 (permalink)
tanky
singapore
 
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thanks both for your replies!

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  #5 (permalink)
 JayC 
San Diego, CA
 
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wilson619 View Post
@tanky
Yes, you can do it. There are several vendors that have MTF indicators. Here's one I can recommend as I have purchased them. The company was sold to Purelogik, but still excellent support.
https://www.theindicatorclub.com/

Wilson

@wilson619, you've seen this done on thinkorswim? Seems that company sells NinjaTrader indicators only. Just curious if this is possible on TOS, specifically to combine tick and time aggregations.

Thanks,
JayC

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 wilson619 
San Diego, CA
 
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@JayC
I only know of Ninjatrader vendors, sorry.

Wilson

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