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[User Discussion] - multi time frame indicator

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[2014-02-16 20:35:14] #1 [Go To First Post]
gabby alindogan - Posts: 49
I was wondering if Sierra has a way to create an indicator where the indicator is composed of an average of multiple time frames. Ex. Given a 10m chart of IBM and a 14 period ADX. Is there a way to create an indicator "x" with the following formula (10min ADX(14)+30m ADX(14) + 60m ADX(14) )/3 For bar 9 to 9:10Am bar the indicator would be (adx of 8:50-9am + adx of 8:30-9 + adx of 8-9am )/3 Thanks

[2014-02-16 20:52:12] #2 [Go To First Post]
crazybears - Posts: 314
Hi which time frame do you want see it ?

[2014-02-16 21:02:46] #3 [Go To First Post]
gabby alindogan - Posts: 49
The chart would be a 10m chart, so in said chart, indicator for bar 9 to 9:10Am would be (adx of 8:50-9am + adx of 8:30-9 + adx of 8-9am )/3 indicator for bar 9:10 to 9:20Am would be (adx of 9- 9:10am + adx of 8:30-9 + adx of 8-9am )/3,etc.

[2014-02-16 21:32:47] #4 [Go To First Post]
crazybears - Posts: 314
using ACSIL would be much more easy but i think you can do it with built-in studies. try : put adx on each charts on 10 min chart add these studies: study/price overlay set fill blanks with last value to yes study to overlay 30 min for one and 60 for another add study subgraph Add select the two study/price overlay add study subgraph Add select previous study subgraph Add and adx of 10 min chart add study subgraph divide select last study subgraph ,set divide to 3 you can set chart region for previous studies to 1 and select hide study so you see only the last indicator on chart and save more space.

[2014-02-20 03:47:12] #5 [Go To First Post]
gabby alindogan - Posts: 49
Thanks crazybears. I did notice from documentation that all the periods have to be open so if i need to take 5 inputs ex 10,15,20,25,30 min of ADX(14) and average them, I have to have a 10,15,20,25,30m chart open all the time. Is that also needed if I try to calculate the adx of the 5 timeframes using Acsil?

[2014-02-20 07:04:17] #6 [Go To First Post]
crazybears - Posts: 314
Hi i think yes

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