Repaints Multi-TimeFrame (MTF) MACD Indicator for ThinkorSwim

[MerryDay]

If you are asking, can you put lower timeframe plots on a higher timeframe chart? The answer is no.
The ToS platform only provides for higher aggregation to be placed on lower timeframe charts.
https://usethinkscript.com/threads/answers-to-commonly-asked-questions.6006/#post-58016:~:text=the higher aggregation.-,Having Problems,-? Does the MTF

 

[bedford14]

Looking for help with creating an indicator that plots an arrow below/above the price when the macd crosses above/below the zero line. So not every time the macd goes positive/negative, just when it crosses the zero line.

If it can also show macd crosses above/below zero for three higher timeframes, that would be great, e.g. when looking at the 30M, seeing arrows from the 1hr, 2hr, & 4hr crosses. The ability to select from a dropdown which four timeframes to plot would be awesome.

Lastly, as a bonus, adding one additional dropdown where I can select a timeframe, and it will plot a chart bubble for that timeframes macd cross above/below zero, so that it will stand out from the other arrows. Lmk if clarification is needed – thanks in advance.

 

[BenTen]

Going above and below the zero line is the equivalent of going from positive to negative and vice versa. So the current MACD indicator is doing exactly what you're looking for.

Go into the indicator's settings and set Show breakout signals from No to Yes.

If it can also show macd crosses above/below zero for three higher timeframes, that would be great, e.g. when looking at the 30M, seeing arrows from the 1hr, 2hr, & 4hr crosses. The ability to select from a dropdown which four timeframes to plot would be awesome.

Check this version https://usethinkscript.com/threads/multi-timeframe-mtf-macd-indicator-for-thinkorswim.474/

 

[TradeUp]

Looking for help with creating an indicator that plots an arrow below/above the price when the macd crosses above/below the zero line. So not every time the macd goes positive/negative, just when it crosses the zero line.

If it can also show macd crosses above/below zero for three higher timeframes, that would be great, e.g. when looking at the 30M, seeing arrows from the 1hr, 2hr, & 4hr crosses. The ability to select from a dropdown which four timeframes to plot would be awesome.

Lastly, as a bonus, adding one additional dropdown where I can select a timeframe, and it will plot a chart bubble for that timeframes macd cross above/below zero, so that it will stand out from the other arrows. Lmk if clarification is needed – thanks in advance.

Checkout this indicator called Beep Boop, it's MACD. It doesn't do arrows but it does color the bars above or below the zero line.

https://usethinkscript.com/threads/beep-boop-indicator-for-thinkorswim.5216/

 

[bedford14]

Hopefully this shows it better - looking for a MTF version of this. Only shows arrows when the macd line crosses zero - don't care about the macd/signal line cross (histogram).

 

[MerryDay]

Hopefully this shows it better - looking for a MTF version of this. Only shows arrows when the macd line crosses zero - don't care about the macd/signal line cross (histogram).

MTF MACD Upper Chart Indicator w/ MACD crosses Zero Signals
shared chart link: http://tos.mx/mdLjwTI Click here for --> Easiest way to load shared links

Displayed above is your 15min chart overlaid on a 5min chart.
Please note:
It is not possible to suppress the printing of the multiple arrows It takes 3 bars of a 5min chart for a 15min bar to close.
Those arrows represent the number of arrows that will repaint until the higher aggregation closes.

input fastLength = 4.5;
input slowLength = 10;
input MACDLength = 20;
input SHOW_VERT_U = no;
input SHOW_VERT_D = no;

input averageType = AverageType.EXPONENTIAL;
input period = AggregationPeriod.hOUR;
def Value = MovAvgExponential(close(period = period), fastLength) - MovAvgExponential(close(period = period), slowLength);

plot uparrow = value crosses above 0;
uparrow.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
uparrow.SetDefaultColor(color.blue);

plot dnarrow = value crosses below 0;
dnarrow.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
dnarrow.SetDefaultColor(color.blue);

 

[KashX]

@Johnny Cash I think one of these will fit your need better.

https://tos.mx/OROFGqJ
https://tos.mx/OEl2zpj

@horserider can you please help me create MTF for MACD for the following including histogram similar to
https://usethinkscript.com/threads/mtf-stochastic-oscillator-for-thinkorswim.899/

Chart Timeframe: Daily, Higher Timeframe: Weekly

Thank you so much in advance

 

[MerryDay]

@horserider can you please help me create MTF for MACD for the following including histogram similar to
https://usethinkscript.com/threads/mtf-stochastic-oscillator-for-thinkorswim.899/

Chart Timeframe: Daily, Higher Timeframe: Weekly

Thank you so much in advance

https://usethinkscript.com/threads/multi-timeframe-mtf-macd-indicator-for-thinkorswim.474/

 

[Ali_A]

Hello @BonBon , I need some help with the MTF_MACD indicator. I cannot seem to get it to work. I fixed the missing quotes but it still did not work. I copied the updated version on the thread but that did not work either. Please can you post a TOS link for this script. Thanks

 

[bitshift]

When writing a script for a strategy, how might one calculate the MACDHistogram using the daily bars.
The MACDHistogram function doesnt accept an aggregation period.

After noodling around a bit, I think I have a custom function that I can use

# Define the custom MACDHistogram function
script MACDHistForPeriod {
    # MACD =  26-period exponential moving average (EMA) minus 12-period EMA.
    # MACD signal line is a nine-period EMA of the MACD line.
    # MACD histogram = subtracting the signal line from the MACD line.
    input aggPeriod = AggregationPeriod.Hour;
    input price = close;
    input fastlength = 12;
    input slowlength = 26;
    input macdlength = 9;
    input averagetype = AverageType.EXPONENTIAL;
    def MACDValue = MovingAverage(averagetype, close(period = aggPeriod), fastlength) - MovingAverage(averagetype, close(period = aggPeriod), slowlength);
    def MACDSignal = MovingAverage(averagetype, MACDValue, macdlength);
    plot MACDHist = MACDValue - MACDSignal;  
}

 

[useThinkScript]

When writing a script for a strategy, how might one calculate the MACDHistogram using the daily bars.
The MACDHistogram function doesnt accept an aggregation period.

After noodling around a bit, I think I have a custom function that I can use

# Define the custom MACDHistogram function
script MACDHistForPeriod {
    # MACD =  26-period exponential moving average (EMA) minus 12-period EMA.
    # MACD signal line is a nine-period EMA of the MACD line.
    # MACD histogram = subtracting the signal line from the MACD line.
    input aggPeriod = AggregationPeriod.Hour;
    input price = close;
    input fastlength = 12;
    input slowlength = 26;
    input macdlength = 9;
    input averagetype = AverageType.EXPONENTIAL;
    def MACDValue = MovingAverage(averagetype, close(period = aggPeriod), fastlength) - MovingAverage(averagetype, close(period = aggPeriod), slowlength);
    def MACDSignal = MovingAverage(averagetype, MACDValue, macdlength);
    plot MACDHist = MACDValue - MACDSignal; 
}

https://usethinkscript.com/threads/multi-timeframe-mtf-macd-indicator-for-thinkorswim.474/