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hello
I am using 5 minute chart and want to plot the adx blue if the adx
in 15 minute timeframe is increasing. so i put this piece of code
together. i am not convinced that it works. what i see is that it
shows blue of the 5 minute adx is increasing. am i useing ithe
multitimeframe incorrectly?
_SECTION_BEGIN("ADX");
ADXIncreasingIn15MinuteCompressed=colorBlue;
if (Interval()==60*5){
ADX15MinuteCompressed = TimeFrameCompress( ADX(),
in15Minute );
ADXIncreasingIn15MinuteCompressed=IIf((ADX()>Ref(ADX(),-
1)) ,colorBlue,colorYellow);
ADXIncreasingin15MinuteExpanded=TimeFrameCompress(
ADXIncreasingIn15MinuteCompressed, in15Minute );
}
range = Param("Periods", 14, 2, 200, 1 );
Plot( ADX(range), _DEFAULT_NAME(), ADXIncreasingIn15MinuteCompressed,
ParamStyle("ADX style", styleThick ) );
Plot( PDI(range), "+DI", ParamColor( "+DI color", colorGreen ),
ParamStyle("+DI style") );
Plot( MDI(range), "-DI", ParamColor( "-DI color", colorRed ),
ParamStyle("-DI style") );
_SECTION_END();
seede
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