Support Board
Date/Time: Sun, 22 Dec 2024 11:21:25 +0000
Post From: How Do I Accurately Reference Study/Price Overlay From Higher Time Frame Charts For Alerts?
[2015-02-19 15:12:36] |
Sawtooth - Posts: 4141 |
Because the overlaid line is from a higher timeframe, it appears as a stairstep on the lower timeframe chart. When I replay your scenario, I see the overlaid step move up and down as the higher timeframe's value fluctuates. Since your higher timeframe is not a multiple of the lower timeframe, the overlaid line slope is 'set' at the close of the lower timeframe bar where it happened, not at the close of the higher timeframe bar. So I still don't understand what you want to alert. |