Multi Time Frame Stochastic

[steven723]

Does anyone know how I can display more than one Stochastic Oscillator with different time frames ( 5min, 60min) on the same study?

[eSignal_JasonK]

Hello Steven723,

This is accomplished using the inv() function for the fourth parameter in the stochK() and stochD() functions. In the most simplest form, you could do the following. Try this on a 1 min chart.

function main() {
    var xStochK_5  = stochK(14, 1, 3, inv(5));
    var xStochD_5  = stochD(14, 1, 3, inv(5));
    var xStochK_60 = stochK(14, 1, 3, inv(60));
    var xStochD_60 = stochD(14, 1, 3, inv(60));

    return new Array(xStochK_5, xStochD_5, xStochK_60, xStochD_60);
} 

[steven723]

Thanks a lot, I will give it a try

Steven

[shaeffer]

Hey Stephen,

It sounds like we might be pursuing the same approach ..... looking for agreement of stochastics in different timeframes. I decided to view the actual 15 minute stochastic plot in a 15 minute chart, and then set the chart background color based on the condition (rising/falling) of the 60 minute stochastic.

If viewing both stochastics doesn't work for you, I'll be happy to send you my efs for setting background color.

Regards
shaeffer
(a former Calgarian)

[Chris Tyler]

I am trying to create a similar indicator using money flow. I am relatively new to editing efs files. I was hoping someone might have sample code that I might adapt, or perhaps I'm reinventing the wheel. Is this type of indicator floating around here already?

Thanks for any assistance you can give!

[ACM]

Chris Tyler
In the EFS2 Custom folder in Formulas you should have the customMoneyFlow.efs which is already enabled for use with multiple time frames and/or external symbols
Alex