Combining Indicators on different Time frames

[mphilipp]

Good day to everybody,

I have a question related to the multi time frame setup.
Let's assume I have an indicator which uses daily bars only and I like to use this in an other indicator that will work with 15min series.

How does the OnBarUpdate work within the 15min indicator? Should I use Closes[0][0] to access the latest close of the 15Min series or can I use Close[0] to get the correct close value?

thx for any helpful answer.
Cheers
Markus

[NinjaTrader_PaulH]

Hello Markus,

Thanks for your post.

Just to keep things clear, Indicator1 = daily bar indicator, Indicator 2 = 15 m bar indicator.

If you modify Indicator 2 by calling Indicator 1, you would have to add a daily bar series to indicator 2 as otherwise you would get an error concerning "A hosted indicator tried to load additional data....".

In indicator 2 then you can either uses Closes[0][0] to access the 15 minute bar close or isoloate by BarsInProgress, for example

if (BarsInProgress == 0)
{
Close[0] // would point to the 15 minute data series, assuming this is a 15 minute chart
}