Multiple time frames in exploration

[sectorbets]

Hi Jose...

Is there a way to look at two different time frames simultaneously in MetaStock...specifucally, I want to trade using daily bars, but only in the direction of the signals established using weekly bars. I have working code for the basic trading system, but am stymied about how to put it together in an exploration. I can do it in TradeStation (sort of--the flexibility on triggering signals isn't as good) if it can't be done in MetaStock, but it is so much more elegant in MetaStock if there is a way to make it work.

Thank you
Rick

[Jose]

Sorry for the delayed reply, Rick - have been very busy lately.

In MetaStock, you will need to code your weekly strategy in terms of daily bars, so that it can be plotted on a daily chart. A quick and dirty way to do this is to multiply the daily's periodicity by five.


jose '-)