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Plot the value of a higher timeframe indicator?
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Plot the value of a higher timeframe indicator?
Is it possible to retrieve the output value of an indicator running on a different timeframe? As an example, my primary series is a ES 1 second chart - what I would like to do is plot the value of an indicator, e.g. an ADX(14) running on ES 5 minute bars, on the 1 second chart, so that the 5 min indicator value is plotted and updated with every second bar. My reasoning is to capture and better visualize the intrabar moves of the indicator value within the forming 5 minute bar with more granular detail on the 1 second chart. Could I access the 5 min indicator value by making a public Series<double> in the #region Properties section?
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Hello JBTrader2005,
Thanks for your post and welcome to the Ninjatrader forums.
If you are wanting to see this on a chart, then you can accomplish your goal by adding a 5 minutes data series to the 1 second chart and then add the ADX by assigning it to the 5 minute data series. To get the current value displayed of the ADX indicator, you would set its calculate mode to Calculate.OnPriceChange in the settings of the indicator. Here is a screenshot that shows the 1 second bars, the 5 minute bars and the ADX based on the 5 minute bars:
If you do not want to see the 5 minute bars, you can hide them by setting the bars (colors) to transparent and in the same panel as the 1 second bars, this leaves the 1 second bars visible and the ADX based on the 5 minute bars. Here is a screenshot:
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