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| Moving Average from M15 to Renko |
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BaruchFX
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| Post subject: Moving Average from M15 to Renko |
Post rating: 0
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Posted: Fri 03 Aug, 2012, 17:03
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User rating: 0
Joined: Thu 26 Apr, 2012, 02:43
Posts: 1
Location: BrazilBrazil
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Hello!
I'm not sure if it's the correct forum to ask it, but I will try.
I'm trading using Renko, but I miss a lot the EMA 84 which I used on M15 time frame.
So, I have to open the chart on M15 only to see where this EMA is.
You think it's possible create an indicador which will show the value of a Moving Average in a specific Time Frame doesn't matter which chart it is attached?
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API Support
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| Post subject: Re: APICLIENT-220 Moving Average from M15 to Renko |
Post rating: 0
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Posted: Thu 13 Sep, 2012, 15:05
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User rating: ∞
Joined: Fri 31 Aug, 2007, 09:17
Posts: 6139
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A certain restriction exists for JForex indicators - indicator will not work on chart with period greater than the smallest period of indicator inputs. For example, Daily Pivot will not work on weekly and monthly chart.
Renko bars are based on price data rather than time and, although, time scale does exist for price range charts, price range bars do not have an even time interval. The number of calculated moving average values for the visible part of the chart may be greater than the number of Renko bars.
As an alternative, you can create a strategy that calculates and displays the latest 15 min moving average value on Renko chart.
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