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keris2112 · #1 (**permalink**) 02-20-2006, 10:54 PM

Hi all,
I've been wanting to have the ability to plot indicators from different timeframes on my chart, but MT doesn't have this capability built in. (Does anyone know of any charting programs that do this natively?) As an example, if you're following the IWCR system, it'd be nice to be able to plot the Daily RSI on your 5 Min. chart.

When I put together the Daily Volitily Breakout indicator, that sorta did what I wanted in that it allowed you to add it to any timeframe (Daily or less) and see where the daily breakout point would be. The problem was that it was limited to only showing the Daily value.

About 2 weeks ago I came across Igorad's Price Channel Stop indicator and it seemed to do what I wanted (with regard to mulitiple timeframes). I started trying to use the Price Channel indicator as a template, adding code from other indicators and tweaking it to work within the new structure, but they never seemed to work. (I'm still not a very good coder.) Then last night I had a "breakthrough": If I can't figure out how to properly add the code from the other indicators, why not just Reference them, with their iName or iCustom? So, that's what I did. And, it works great.

Here are a few things to keep in mind when using these:
1) TimeFrame is the input you use to specify what timeframe to pull the data from.
2) You must set TimeFrame in minutes (1,5,15,30,60,240,1440,10080,43200)
3) By default, TimeFrame is set to 0, which means that it will use whatever the current timeframe is, i.e it will act as the original indicator.
4) If you set TimeFrame to anything other than 0, it must be >= current timeframe. (In other words, don't use a M15 PSar on an H1 chart. The values won't be correct. An H1 PSar on an M15 chart works properly.)

I've setup 5 Multi-TimeFrame (MTF) indicators to use as examples. You can open them up and use the code as a template so that you can make any existing indicator MTF. Please don't post asking for other indicators to be made, as the thread will soon turn into one big 'please do this for every MT4 indicator'. It's really, really simple to do, and if you don't know how to code, spend a week reading Coder Guru's MT4 programming guide and you'll be able to do it.

If I have time, I'll add more. Hopefully others will add their MTF conversions to the thread.

Multi-TimeFrame set 1 contains:
#MTF_MovingAverage.mq4
#MTF_PSar.mq4
#MTF_RSI.mq4
#MTF_MACD.mq4
#MTF_CCI.mq4

The attached chart is the following:
M5 Chart with LimeGreen PSar
M15 PSar
M60 SMA(13)
H4 CCI
M30 MACD
H1 RSI

Well, I hope these come in handy for some of you. Thanks Igor, for your fantastic coding skills. I've learned a lot just by studying your code.

Keris

EDIT:
Added #MTF Set 2.zip on 3/4/06 ---- (Bollinger Bands, Juice, Linear Price Bar, Price, Stochastic)