Is it possible to use a value generated in one indicator & time frame in a different indicator & time frame?
For example:
If I wanted to create an indicator that will be used, i.e. in a 5, 10, 60 min charts, etc. but using as a reference the Daily ATR (26)
In a very simplistic way. Let's say I want to plot an indicator that is the : SMA(5) in a 10 min chart plus and minus the Daily ATR(26).
Plot of the New Indicator = SMA(5) + Daily ATR (26)
Note that I am not trying to create this example for real trading purposes, I am trying to learn the methodology to crossreference an indicator in one time frame to another indicator in a a different time frame.
Thank you in advance
HJS

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