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Indicator is unfortunately sensitive to Bar Interval Rate this Topic:
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stargeezer
Posted : Thursday, October 23, 2014 11:40:22 AM
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Joined: 3/7/2005
Posts: 221

How do I write an indicator using MAXH( ) that doesn't change when the Bar Interval of the chart is changed?

To best select trailing stop value I plot a 2 Month Pullback indicator 100*((c-maxh44)/maxh44) in a daily chart.  When I change to a minute chart this unfortunately changes to a 44 Minute Pullback indicator.  I want it to remain 2 months under all bar intervals.

How do I do this?

StockGuy
Posted : Thursday, October 23, 2014 11:42:06 AM

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Joined: 9/30/2004
Posts: 9,187

There's not a way to do that. You can' t plot daily values on a minute chart.

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