combining a study with a time period.

[megazord]

Hey!
So I have been running P/L backtesting a bit with some strategies. I want to make a script that essentially outputs whether their are squeezes on the weekly, daily, and 4h time frames. I have been trying to convert some multi-time frame indicators into it with no luck. I am wondering if one can combine a study (ttm_squeeze) with an aggregation period. Essentially something like
"def wsqz = for aggregation.week !TTM_Squeeze().SqueezeAlert; "
so that I can throw that on for the different time frames and then put that into a buy order to see how it would have performed. Is this possible? or do I need to go through one of the recreations of the squeeze on this site? and that still kinda leaves me with the same logical problem. I feel like I have missed a reserved word or operator.
Any help would be great!

 

[Joshua]

If I am not mistaken, you can only access multiple time frames from functions which include a period parameter. This is generally reserved for basic price fundamentals like open, high, low, close, etc. You would most likely have to recreate the study, or modify an existing recreation, and access multiple time frames at a deeper level within the code.

However, if I am wrong, that would actually be great. I'd rather be wrong about this one. So if anybody else can correct me, please do so.

 

[Joshua]

Wait, scratch that, that TTM thing has Close as a parameter. So you should be able to submit the secondary aggregation by nesting it in.

 

[Joshua]

plot mTTM = ttm_Squeeze(close(period = AggregationPeriod.MONTH));
plot wTTM = ttm_Squeeze(close(period = AggregationPeriod.WEEK));
plot dTTM = ttm_Squeeze(close(period = AggregationPeriod.DAY));

Hope that helps, I don't use any of these squiggle doodle generators myself, what would represent the "signal" or what ever that you're looking for? Are they supposed to happen at the same time on all time frames... or just any one of them happening?

 

[Joshua]

def mTTM = ttm_Squeeze(close(period = AggregationPeriod.MONTH)).SqueezeAlert;
def wTTM = ttm_Squeeze(close(period = AggregationPeriod.WEEK)).SqueezeAlert;
def dTTM = ttm_Squeeze(close(period = AggregationPeriod.DAY)).SqueezeAlert;
plot Result = dTTM or wTTM or mTTM;

Ok, ok, sorry for so many posts, this is probably it... but this is just a guess.

You can add in additional aggregations if you want, should be easy to figure out from here.

You can switch the or to and if you want them all at the same time, but that does not appear to be the case.

You must run the script on the lowest, or a lower aggregation than the shortest in use, for it to work.

Also make sure, if you're running it intra-day, that you're time frame setup has enough historic data, ie more than a month in this case.

Otherwise, you're going to have to check each value with IsNaN() and pass it through as a 0 or No if it isn't a number.

... and I just realized that performing those checks myself in the code would have been easier than explaining it.

But its too late now, I'm not gonna.

GLHF