Multiple Time Frame Issue with 60 min MACD

[marcusplexus]

Hi,

I created an indicator that uses multiple time frame data. The indicator is applied to a 5 min chart and the higher time frame is 60 minutes.

In the Initialize() section I have: Add(PeriodType.Minute,60);

Also, CalculateOnBarClose=true.

I need my code to return...

"Green" when the 60 min MACD bar values increase (based on 2 consecutive bars).
"Red" when the 60 min MACD bar values decrease.

My understanding is that I should use something like this:

Bar_0=MACD(BarsArray[1],12,26,30).Diff[0];
Bar_1=MACD(BarsArray[1],12,26,30).Diff[1];

if (Bar_0 > Bar_1) etc...

But I noticed something wrong and I decided to Print (Bar_0) to do some troubleshooting. The printed values are way off and do not correspond to the values observed on the 60 min MACD indicator section.

Looks like I am doing something wrong. What is the proper function to use?

Thanks.

- mp

[marcusplexus]

Turns out I had to close & restart NT7. I don't like that...

[NinjaTrader_Dexter]

Hello marcusplexus,

Thank you for your post.

You should not need to have to shutdown and restart NinjaTrader for changes to take effect. In worst case scenario, removing the indicator from the chart and re-adding it might be required for some changes to plots.

Right clicking in the chart -> Reload NinjaScript or pressing F5 should be sufficient.

Also, you can make your code more straightforward with Rising() and Falling(), they look 1 bar back for you:

if ( Rising(MACD(BarsArray[1],12,26,30).Diff ) 
    // green color stuff
else if (Falling(MACD(BarsArray[1],12,26,30).Diff ) 
    // red color stuff
else 
    // sideways market color stuff

Please let me know if I can assist any further.

[marcusplexus]

I will try your solution. Thank you.