how to program multiple timeframe confluence?

[leontancfa]

Hi I would like to program a strategy to trade when both 1) moving averages of 30 min time frame cross up and 2) moving averages of 5 min time frame cross up.

My initial thought is to to build two strategies, and when 30 min chart's moving averages cross up, I write a true value into a text file, so that the 5 min chart strategy can read the text file and tell if the 30 min is at cross up status.

But I wonder if there are smarter ways to do the same.

1) is there a better way to let two strategies to communicate with each other? like in memory?
2) or better, is there a way to have one strategy run on two time frame data?

Thank you!

[raefon72]

barrs array would do this however why use a 30 min chart why not an average of an average that resembels a 30 min time frame. Barrs array has the odd issue like when the 30 min bar updates it may drop whats happening on the lower time frame untill a bar has completed etc. If you can keep it on one time frame it has some advantages like a 200 and 400 cross above lookback 2 hours enter long 5 cross above 20.
Hope this helps raef

http://www.raefontrading.com/

[koganam]

Hi I would like to program a strategy to trade when both 1) moving averages of 30 min time frame cross up and 2) moving averages of 5 min time frame cross up.

My initial thought is to to build two strategies, and when 30 min chart's moving averages cross up, I write a true value into a text file, so that the 5 min chart strategy can read the text file and tell if the 30 min is at cross up status.

But I wonder if there are smarter ways to do the same.

1) is there a better way to let two strategies to communicate with each other? like in memory?
2) or better, is there a way to have one strategy run on two time frame data?

Thank you!

A multi-timeframe strategy might make more sense in that scenario.

[sledge]

Hi I would like to program a strategy to trade when both 1) moving averages of 30 min time frame cross up and 2) moving averages of 5 min time frame cross up.

My initial thought is to to build two strategies, and when 30 min chart's moving averages cross up, I write a true value into a text file, so that the 5 min chart strategy can read the text file and tell if the 30 min is at cross up status.

But I wonder if there are smarter ways to do the same.

1) is there a better way to let two strategies to communicate with each other? like in memory?
2) or better, is there a way to have one strategy run on two time frame data?

Thank you!

Do u have more than 512k ram? Then memory is really not a concern...