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MTS with different time frame for one stock? - MTS with different time frame for one stock?
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vosurb  
#1 Posted : Tuesday, February 24, 2009 6:09:24 AM(UTC)
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Hello, is it possible to organize mechanical trade system in Metastock which will make intraday trade orders on short time frame but initialy considering situation on bigger time frame? thanx
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Justin  
#2 Posted : Tuesday, February 24, 2009 11:22:10 AM(UTC)
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It is possible depending on the conditions, yes.
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vosurb  
#3 Posted : Wednesday, February 25, 2009 12:43:56 AM(UTC)
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Thanx for answer, but may I ask You to elaborate.

the question is how to link, for example, 1 -minute chart with 5-minute chart of the same stock. So it could turn to some kind of "multiple time frame analysis". Security function seems does not allow me to make a link from smaller time frame to bigger one :-(
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Justin  
#4 Posted : Wednesday, February 25, 2009 12:06:37 PM(UTC)
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You are correct. The Security Function only calls the data based on the periodicity of the chart. The problem is tackled by essentially "compressing" the 1-minute data.

new:=mod(minute(),5)=0;

valuewhen(1,new,c)

Note that depending on what you're compressing to will cause the formula to change, i.e. Intraday to Daily is a different formula.
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vosurb  
#5 Posted : Thursday, February 26, 2009 3:39:08 AM(UTC)
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Thanx a lot, I appreciate Your answers very much.

Ok, I have put these 2 lines of code in Indicator Builder to receive a new indicator. I have apllied it to 1-minute chart and a new line had been written (if I trasfere this 1-minute chart to 5-minute chart new line coinside with my stock price line). But, to say the truth, I dont know what the next step is. How can I make 1 minute chart to refer to 5 -minute one.

May be there is some other opportunity in Metastock to link different time frames? I think many traders evaluate these conditions before making orders. How they do it?

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Data  
#6 Posted : Tuesday, September 1, 2009 2:28:17 AM(UTC)
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Justin wrote:

You are correct. The Security Function only calls the data based on the periodicity of the chart. The problem is tackled by essentially "compressing" the 1-minute data.

new:=mod(minute(),5)=0;

valuewhen(1,new,c)

Note that depending on what you're compressing to will cause the formula to change, i.e. Intraday to Daily is a different formula.

But what should I do if I want to, say, create a stoch(14,5) from this formula on a 1-min chart ?
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mstt  
#7 Posted : Tuesday, September 1, 2009 4:16:23 AM(UTC)
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Hi Data

My Multi-Frame "I" and "X" series of indicators might be what you’re looking for. The I and X series of formulas function on tick data upwards and return values for frame sizes (periodicities) of 1 minute through to 24 hours. The Multi-Frame EOD range of formulas is available free on my website and there are about 40 formulas in each range. The "I" range caters for 1 to 240 minute frames and the "X" range for 1 hour to 24 hour frames, so you can plot various periodicity indicators on any intraday chart. Obviously these indicators won’t plot a frame size smaller than the underlying chart periodicity, but they will plot most larger frame sizes.

Roy

www.metastocktips.co.nz
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Data  
#8 Posted : Tuesday, September 1, 2009 11:10:43 AM(UTC)
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Thanks a lot, it looks exactly like what I am looking for !


mstt wrote:
The "I" range caters for 1 to 240 minute

metastocktips.co.nz wrote:
These indicator families create 5-240 minute timeframes


Just to be clear, the minimum range is 1 or 5 minutes ?
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mstt  
#9 Posted : Tuesday, September 1, 2009 12:09:16 PM(UTC)
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Data

A client recently requested 1 minute frames for tick data on one indicator, so I took the opportunity to upgrade all formulas in the “I” series. My website and other documentation have yet to be changed but the range is now 1-240 minutes.

Roy
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Data  
#10 Posted : Tuesday, September 1, 2009 12:47:53 PM(UTC)
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Thanks Roy ! :)
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Data  
#11 Posted : Wednesday, September 2, 2009 4:29:05 AM(UTC)
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Looks like the website is down.
I hope it'll be back up soon !
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mstt  
#12 Posted : Wednesday, September 2, 2009 1:54:28 PM(UTC)
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Hi Data

The first links I provided by email were defective. However, the second email several hours later had corrected links that do work. Sorry about that.

Roy
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mstt  
#13 Posted : Wednesday, September 2, 2009 1:59:57 PM(UTC)
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Hi Data

Right click on each link and Save Target As...

Roy
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Data  
#14 Posted : Wednesday, September 2, 2009 2:18:02 PM(UTC)
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The links are working fine now, thanks !
However, this morning the whole http://www.metastocktips.co.nz/ website was not accessible but it's back online now

hehe, I'm going to try them right now !
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setzer  
#15 Posted : Wednesday, January 5, 2011 6:24:30 AM(UTC)
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Hi Roy!

I was not able to find the free Multi-Frame EOD range of formulas on your website. Please let me know if there are still available for download.

Thanks!
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mstt  
#16 Posted : Wednesday, January 5, 2011 12:01:06 PM(UTC)
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Hi Setzer Navigate to the Other Formulas page on my website (www.metastocktips.co.nz) and click in "Click here" in the line reading "Click here if you wish to download a self-installing EXE file containing limited-time Multi-Frame SMA formulas for EOD, Intraday and Extended intraday functionality". The self-installing EXE files contains those three Multi-Frame SMA indicators and the 188KB Forum DLL. The formulas are password protected and time-stamped to expire after 31 March 2011. If for some reason you can't get the above-mentioned link to function then copy "www.metastocktips.co.nz/multi_frame_sma_demo.exe" into your browser. Roy
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setzer  
#17 Posted : Thursday, January 6, 2011 3:37:56 PM(UTC)
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Dear Roy,

I got the file. Thank you very much.

Setzer
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