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arathod
Posted : Friday, May 9, 2014 3:12:00 PM
Platinum Customer Platinum Customer

Joined: 10/20/2008
Posts: 357

I want to use weekly macd historgram moving up indicator on a daily chart and use it in the scanner as as a condition. 

 

Basically i have rules in the daily for a buy. But I want to exit if the weekly macd histogram moving down. 

Please help. Appreciate it. Thank you. 

Bruce_L
Posted : Friday, May 9, 2014 3:48:44 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

It is possible to mix time frames a combo condition, but the results can be a bit odd and I don't normally recommend it.

To create a Combo Condition, both Conditions need to be on the same Chart.

It is possible to Plot Indicators and create Conditions with different Bar Intervals in the same Chart. You either need to use the PriceScripting method to create them (keeping in mind that the results will be returned based on the Bar Interval of the Chart itself) or Edit their Block Diagrams to add a Time Frame Parameter to the Indicator, Condition or Parent of the Indicator or Condition. The following topics all explore this to some extent (and are presented in chronological order).

Multiple timeframes on one page?
rules based on different time frames
Seeking Price Rule Based Upon Price Bars With 2 Different Time Frames
Adjustable Time Frame Indicator
Volume filter
Weekly Slow Stochastic On Daily Chart
Two time frames
Create Combo Rule Using a Rule from a Weekly and A Daily Chart
Various questions
Combining BackScanner rules
New PriceData method. Get Pricing data for any symbol/timeframe
set a scan time fram

In this case, you could probably just add a Price History with Bar Interval, set the Bar Interval as desired and add the MACD of Indicator to the Price History with Bar Interval instead of using the normal MACD indicator which would be based on the main Price History plot.

You should be able to Open an attached Indicator directly into a running copy of StockFinder 5 (and save it from within StockFinder 5 if desired). You could also Save it to the \My Documents\StockFinder5\(Your Username)\My Indicators\ folder and then load it like you would any other Indicator (or Copy and Paste it there from wherever it Saves if you can't specify the destination directory when Saving).

Attachments:
Price History w Bar Interval.sfInd - 4 KB, downloaded 664 time(s).



-Bruce
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thnkbigr
Posted : Friday, January 22, 2016 12:01:33 PM
Platinum Customer Platinum Customer

Joined: 3/31/2006
Posts: 3,207

Beuce,

When I click on the link Multiple timeframes on one page I get an Oops page 

Bruce_L
Posted : Friday, January 22, 2016 12:33:00 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

You should be able to view the topic now.



-Bruce
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