Rank: Advanced Member
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Joined: 10/25/2005(UTC)
Posts: 30
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Friends,
I just upgraded myself from EOD to Pro.
Can someone help with the formula of drawing a 50 period EMA of 30 minute chart on a 5 minute chart ?
Thanks much
Regards
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 10/25/2005(UTC)
Posts: 30
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Gurus,
Please help. I do not know how tough formulating this, but any help on this would be greatly appreciated.
Thanks a ton!
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Rank: Advanced Member
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since there are 6 "five min bars" that would represent 1 "30 min bar", a 50 period ema on a 30 min chart would equal a 300 period ema on a 5 min chart
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 10/25/2005(UTC)
Posts: 30
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Thank You Very Much Henry1224.
Will try it today.
Regards.
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 10/25/2005(UTC)
Posts: 30
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Hi Henry1224!
I tried, but both are not the same. i.e 50 period EMA on 30 Min chart & 300 Period EMA on 5 Minute chart. The values differ. ie. for example at any point of time, say 10 am (end of the period for both EMAs), if I compare the EMA values, both are different. Or may be I am doing some thing wrong here.
Any inputs would be very valuable.
Thanks much.
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