Looking For MTF Moving Averages In ThinkOrSwim

[gilwalton]

Is there a way to put daily moving average on intraday minutes chart.

 

[traderLK]

Is there a way to put daily moving average on intraday minutes chart.

gilwalton, I do it by adjusting the time period of the moving average to add up to one day of time.

The numbers I use are shown below for futures, for stocks including the extended session, and for stocks including only the regular trading hours. For example, on a 1 minute chart of a futures market like NQ, there are 1380 minutes in a trading day so I simply set my MA to 1380. On a 5 minute chart it would be set to 276. Other people may do this differently...

Here is a 5 minute chart as an example.

Futures charts:
Open from 17:00 on one day to 16:00 the next day: 23 hours x 60min/h = 1380 min per trading day

1 minute chart: 60 candles per hour x 23h = 1380 1minute candles per day
5 minute chart: 12 candles per hour x 23h = 276 5minute candles per day
15 minute chart: 4 candles per hour x 23h = 92 15minute candles per day
1 hour chart: 1 candle per hour x 23h = 23 1hour candles per day
4 hour chart: 1 candle per 4 hours x 23h = 5.75 4hour candles per day

Stock charts (e.g., AAPL entire trading session):
Open from 3:00 to 19:00: 16 hours x 60min/h = 960 min per trading day

1 minute chart: 60 candles per hour x 16h = 960 1minute candles per day
5 minute chart: 12 candles per hour x 16h = 192 5minute candles per day
15 minute chart: 4 candles per hour x 16h = 64 15minute candles per day
1 hour chart: 1 candle per hour x 16h = 16 1hour candles per day
4 hour chart: 1 candle per 4 hours x 16h = 4 4hour candles per day

Stock charts (e.g., AAPL Regular Trading Hours only):
Open from 8:30 to 15:00: 6.5 hours x 60min/h = 390 min per trading day

1 minute chart: 60 candles per hour x 6.5h = 390 1minute candles per day
5 minute chart: 12 candles per hour x 6.5h = 78 5minute candles per day
15 minute chart: 4 candles per hour x 6.5h = 26 15minute candles per day
1 hour chart: 1 candle per hour x 6.5h = 6.5 1hour candles per day
4 hour chart: 1 candle per 4 hours x 6.5h = 1.625 4hour candles per day

 

[useThinkScript]

@traderLK answer is the correct method for displaying the movement of higher-timeframe moving averages on the lower aggregations.

By changing the lengths, it is possible to simulate the higher-timeframe. This method is superior is that it provides real-time movement.

The short-coming of the other types MTF indicators is that they repaint and are not real-time.
Here is the repainting-lagging MTF Moving Average for comparison.
https://usethinkscript.com/threads/multi-timeframe-mtf-moving-average-indicator-for-thinkorswim.135/

Here is the search used to find it:
https://usethinkscript.com/threads/search-the-forum.12626/