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I have used this exact code on a 1 hour chart for GBPEUR using an esignal feed.
The values for the various EMA period tend to change during the first 3 seconds are so when starting the commentary are selecting a a bar on the chart.
Within approx. 3 secs the commentary output transit from....
(correct values) Daily EMA 1.255 4 Hourly EMA 1.256 Hourly EMA 1.255 -------------------
to...
--------------- Daily EMA 1.254 4 Hourly EMA 1.254 Hourly EMA 1.254 ----------------------
to.......
---------------- Daily EMA 1.454 4 Hourly EMA 1.454 Hourly EMA 1.454
This appears to be related the chart update frequency...
Any ideas?
On 15 Jul 2008, at 19:11, Barry Scarborough wrote: TimeFrameSet(inDaily);
LongTermEMA = EMA(Close, 10);
TimeFrameRestore();
WriteIf(1,"Daily EMA","");
WriteVal(TimeFrameExpand(LongTermEMA, inDaily));
TimeFrameSet(inHourly * 4);
MediumTermEMA = EMA(Close, 10);
TimeFrameRestore();
WriteIf(1,"4 Hourly EMA","");
WriteVal(TimeFrameExpand(MediumTermEMA, inHourly * 4));
ShortTermEMA = EMA(Close, 10);
WriteIf(1,"Hourly EMA","");
WriteVal(ShortTermEMA);
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