Creating a 20 period EMA of a 60 min chart in a 5 min chart.

May 22nd, 2014, 04:27 AM

Somebody posted a short video that showed how to implement a 20 period EMA of a 60 min chart in a 5 min chart. Unfortunately I lost the link. Could somebody provide me with the link pls.

thx in advance.

May 22nd, 2014, 04:53 AM

CapeDR

Somebody posted a short video that showed how to implement a 20 period EMA of a 60 min chart in a 5 min chart. Unfortunately I lost the link. Could somebody provide me with the link pls.

thx in advance.

Here is the indicator:

Download: Visual EMA Multi-Timeframe

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 - …

Fat Tails

May 22nd, 2014, 05:51 AM

CapeDR

Somebody posted a short video that showed how to implement a 20 period EMA of a 60 min chart in a 5 min chart. Unfortunately I lost the link. Could somebody provide me with the link pls.

thx in advance.

@CapeDR,

I don�t have the link but you can do it this way:

Just set your EMA on the 5 min chart to a period of 240 than you get the desired result. The math is simple; A 60 min bar eaquals twelve 5 min bars therefore you just have to multiplay the period of 20 with 12.

Hope this helps.

May 22nd, 2014, 01:53 PM

Abde

@CapeDR,

I don�t have the link but you can do it this way:

Just set your EMA on the 5 min chart to a period of 240 than you get the desired result. The math is simple; A 60 min bar eaquals twelve 5 min bars therefore you just have to multiplay the period of 20 with 12.

Hope this helps.

This is how I set them up in OEC.

May 22nd, 2014, 05:11 PM

Abde

@CapeDR,

I don�t have the link but you can do it this way:

Just set your EMA on the 5 min chart to a period of 240 than you get the desired result. The math is simple; A 60 min bar eaquals twelve 5 min bars therefore you just have to multiplay the period of 20 with 12.

Hope this helps.

That method works for a SMA, EMA, TMA and WMA, but will not work for all exotic moving averages.

May 22nd, 2014, 09:21 PM

CapeDR

Somebody posted a short video that showed how to implement a 20 period EMA of a 60 min chart in a 5 min chart. Unfortunately I lost the link. Could somebody provide me with the link pls.

thx in advance.

That sounds like a video I did some time ago. A summary of the steps:

(Assume you have a 5 minute chart already)
1) Add a second data series, in your case the 60 minute, set the type to Line on close and set the color transparent, turn off markers and texts, make sure it gets put in panel 1 the same as the 5 minute data series. So after doing this, if done correctly, you will observe no changes to your chart.
2) Now add the 20 period EMA and make sure in the EMA indication that you change the input data series from the 5 minute to the 60 minute and select close.

I'll try to find the video and post a link here.

May 23rd, 2014, 03:37 AM

Unfortunately, if there is more than one data series on a chart, all must be TIME BASED to avoid
unequal bar spacing that makes the chart useless. That's why we need synchronized secondary
instrument indicators and mtf MA's. The historical plots sometimes get a little lumpy. That's aggravated
by the coarseness of the one second resolution Ninjatrader time stamps.

Here are the VIDYA variable moving averages pf the highs, lows and closes of the 60 minute
ES on a 5 minute chart of the ES.

It's also fun to put time based moving averages on Renko charts. These are 10 period VIDYA's
of the highs, lows and closes of the 5 minute ES.

Creating a 20 period EMA of a 60 min chart in a 5 min chart.

Discussion in NinjaTrader

Creating a 20 period EMA of a 60 min chart in a 5 min chart.