Gold Customer
Joined: 1/28/2005 Posts: 38
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Is it possible to create an indicator - a simple MA, for example, in a specific time frame and then plot in on a different time frame? i.e. a quarterly 5 SMA and then plot it on a weekly chart?
Joe
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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No, it is not.
If you are trying to display a long time frame on a shorter time frame, you can multiply the period by the length of the longer time frame divided by the length of the shorter time frame to get a period to use, but this would be an approximation and would not match exactly (and in some cases can be off by quite a bit).
For example, since there are 3 months in a quarter, you could try using a 15-period SMA on a monthly chart to approximate a 5-period SMA on a quarterly chart.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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