Overlay chart from higher time frame?

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I was wondering if there is a way to overlay a higher time frame chart over a smaller one.  So could I overlay a 1 hour chart over a 15 minute chart?  Not technically over it because I need to see both but you get what I mean.  Or could I plot highs and lows from higher timeframes?

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Posted by (Questions: 3, Answers: 4)
Asked on July 11, 2017 3:32 pm
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Here is code that plots an overlay of high and low from higher time frame. I’ve added a bit of bling by shading the space between the high and low based on whether the bar itself was an up bar or a down bar. Screenshot shows how it looks on the chart.


input higherTimeFrame = AggregationPeriod.HOUR;
def priceO = open(period = higherTimeFrame);
plot priceH = high(period = higherTimeFrame);
priceH.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
priceH.SetDefaultColor(Color.GREEN);
plot priceL = low(period = higherTimeFrame);
priceL.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
priceL.SetDefaultColor(Color.RED);
def priceC = close(period = higherTimeFrame);
def upBar = priceC >= priceO;
def downBar = priceC < priceO;
AddCloud(if upBar then priceH else Double.NaN, if upBar then priceL else Double.NaN, Color.GREEN, Color.DARK_GRAY);
AddCloud(if downBar then priceH else Double.NaN, if downBar then priceL else Double.NaN, Color.RED, Color.DARK_GRAY);

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Posted by (Questions: 37, Answers: 4087)
Answered on July 11, 2017 4:21 pm
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