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Hi Maxwells
The indicator I posted is a 10-period, 30-minute Simple Moving Average,
and it can be used on 1 minute, 5 minute, 10 minute, 15 minute or 30 minute
charts.
Am I right in thinking that you didn't bother to try the SMA indicator? Is a
10-period 30-minute rising EMA the way you define a rising trend for a
5 minute chart?
Am I missing something?
Kind regards
Roy Larsen
www.metastocktips.co.nz
Free formulas and MS links
----- Original Message -----
From: "maxime_chartrand" <maxime_chartrand@xxxxxxxxxxx>
To: <equismetastock@xxxxxxxxxxxxxxx>
Sent: Thursday, April 28, 2005 11:13 AM
Subject: Re: [EquisMetaStock Group] recreating timeframe
>
>
> Hi, tkx for quick answer.
>
> ok, I meant that if I want a 10 periods EMA of a 30min chart, but I
> want it shown on a 5min chart without the need too have two
> charts..,. I would I proceed?
>
>
> Maxwells
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Roy Larsen" <rlarsen@xxxx>
> wrote:
>> Hi Maxwells
>>
>> > Is there anyway to recreate a longer timreframe from a shorter
>> > timeframe with formula? (like to have a 5min chart and too plot
> an
>> > indicator from the 30min chart).
>>
>> Do you mean something like this?
>>
>> {30 Minute EMA - Close}
>> {2005 Roy Larsen, www.metstocktips.co.nz}
>> {for use on 1-30 minute charts}
>> N:=Input("30 Minute EMA - Periods",1,99,10);
>> Q:=Input("Display Mode, 0=Static 1=Dynamic 2=Test",0,2,1);
>> {0=Update on last bar of 30-minute frame if possible}
>> {1=Update on each new bar}
>> {2=Update on first bar of 30-minute frame}
>> A:=Minute(); B:=ValueWhen(2,1,A);
>> X:=Hour(); Y:=ValueWhen(2,1,X);
>> G:=LastValue(Highest(Sum(A=0 OR A=30,5))=5);
>> F:=G OR A=0 OR A=30;
>> M:=G OR X<Y OR (X=Y)*(B=0) OR (X=Y)*(B=30) OR
>> (X>Y)*(A<>0) OR (A>30)*(B<=30) OR
>> (A<=30)*(A<>0)*(B>30) OR ValueWhen(2,1,F);
>> A:=LastValue(Cum(1)-1)=Cum(1);
>> B:=ValueWhen(2,1,A);
>> J:=If(F,1,If(Alert(F,2)=0 AND M,2,0));
>> J:=If(A+LastValue(J)>2 OR B+(Q=1)=2,1,J);
>> J:=If(G,1,If(Q=2 OR Cum(J)<=1,M*2,J));
>> K:=ValueWhen(1,J,If(J=1,C,ValueWhen(2-G,1,C)));
>> X:=Cum((J>0)*K);
>> (X-ValueWhen(N+1,J,X))/N;
>>
>> > Would be usefull to put trend of 30m into the 5min chart in the
>> > advisor without having 2 separate chart.
>>
>> How do you define a trend on a 30 minute chart? That code would
> need to
>> be expanded in the same way this simple moving average has been.
> Virtually
>> all the code in this indicator up to the third "J" is devoted to
> defining 30-minute
>> frames for shorter periodity data. This section of the indicator
> is still being
>> developed and may not function perfectly under all data
> conditions.
>>
>> Once the frame borders have been defined and the CLOSE for each
> frame
>> retrieved, the moving average only takes two lines of code. More
> lines are
>> required if this method is not accurate enough, however, I think
> you'll find it's
>> accurate to about 4 decimal places.
>>
>> If this is helpful, I'd appreciate some help in the form of
> feedback on any
>> problems you identify. Thank you in davance.
>>
>> > Tkx in advance.
>> >
>> > Maxwells
>>
>> Kind regards
>>
>> Roy Larsen
>> www.metastocktips.co.nz
>> Free formulas and MS links
>
>
>
>
>
>
>
>
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