TS--> Daily MAs on 5-Min Chart?

[jeffersondaarcy 10]

Hey Guys,

I was wondering if you guys knew if it was possible to get daily moving averages on a five minute chart in tradestation. Unfortunately, everything I can find is based off of bars on a chart as opposed to days.

 

Thanks,

Matt

[Tams 20]

this post might help:

 

http://www.traderslaboratory.com/forums/f106/how-refer-daily-bar-value-intraday-6442.html

 

 

 

[jeffersondaarcy 10]

Big Time! Thanks Tams.

[bakrob99 11]

Hey Guys,

I was wondering if you guys knew if it was possible to get daily moving averages on a five minute chart in tradestation. Unfortunately, everything I can find is based off of bars on a chart as opposed to days.

 

Thanks,

Matt

 

There is an easier and faster way to do it which will also work on all timeframes and styles of charts.

 

See: JAM - TradeStation EasyLanguage Indicator Utility Free

 

Bakrob

[Tams 20]

another way is to use the CloseD function.

 

 

simply insert the function into the price value input:

 

 

 

 

 

p.s. I have not tested this method, but theoretically it is workable.

[Tams 20]

CloseD (Series Function)

 

 

The CloseD function allows you to reference the daily Close of previous days in an intraday chart (minute or tick-based) or a daily chart.

 

CloseD is a function in a family of functions that allows historical daily, weekly, monthly, and yearly references in intraday charts.

 

 

Syntax

 

CloseD( PeriodsAgo )

 

 

Returns (Double)

 

A numeric value for the current bar. If the PeriodsAgo parameter is out of range (> 50),

or there is not enough data, the function will return &endash;1.

 

 

Parameters

 

PeriodsAgo Numeric

 

The number of days/periods back to reference a previous day’s closing price.

(50 days back maximum) (0 = Today’s current Close)

 

 

Remarks

 

You must have enough intraday data in the chart in order to look back and reference any previous close.

For example, if you want to look back at the close of 25 days ago on a 5-minute chart,

you must have 25 days of 5-minute bars in the chart.

 

The value for the PeriodsAgo input parameter should always be a whole number greater than or equal to 0,

but less than 51. Setting PeriodsAgo to 0 equals today’s current Close.

 

 

Example

 

Assigns the Close of the previous day on an intraday chart to Value1, then plots Value1:

 

Value1 = CloseD(1);

 

Plot1(Value1, "PrevClose");

 

 

See Also related functions

 

HighD, LowD, OpenD, CloseW, CloseM, and CloseY.

 

 

 

 

source: EasyLanguage manual

[jeffersondaarcy 10]

Thanks guys, much appreciated. I am good to go now.