Multiple Time Frame Coding

[rzeemeijer]

Hello,

How do you code the following on a 15 minute chart

" If EMA 34 on the 6 hour chart is falling and EMA 34 on the 15 minute chart is falling
and Stochastics 5.3.3 >= 80 and Stochastics 5.3.3 is falling " Then " Play sound....."

Thx.

Regards

Rene

[NinjaTrader_CalH]

Hello Rene,

Thank you for your post.

You will want to use the Add(); to add an additional timeframe to the script for calculations

In the Initialize()
Add(PeriodType.Minute, 15);


Please take a look at the link below on programming with Multiple Timeframes and Instruments -
http://www.ninjatrader.com/support/h...nstruments.htm

Let me know if I can be of further assistance.

[Harry]

Hello,

How do you code the following on a 15 minute chart

" If EMA 34 on the 6 hour chart is falling and EMA 34 on the 15 minute chart is falling
and Stochastics 5.3.3 >= 80 and Stochastics 5.3.3 is falling " Then " Play sound....."

Thx.

Regards

Rene

You basically have two options.

-> either you add a 360-min bar series in the Initialize() section of the indicator and perform the EMA calculation for that bar series
-> or you replace the EMA(34) on a 6-hour chart with the EMA (816) on a 15 minute chart (they are near-identical)

I would prefer the second option. As the EMA is a recursive indicator, there is no risk that the large period of 816 will slow down the indicator. 816 is the product 24 x 34, because one 6-hour bar can be built from 24 15-min bars. This reasoning can also be applied to a SMA.