When scalping there are two frequent “means” drawing and repealing price: the daily 21EMA and 30 Minute Point of Control (based on a monthly time profile). Projecting these lines on different timeframe charts is quite helpful.
To Project the 21EMA on any lower timeframe chart:
# MTF Moving Average Project Higher Timeframe on Lower Timeframe Chart
input Period = aggregationPeriod.DAY;
input AvgType = averageType.EXPONENTIAL;
input Length = 21;
input priceclose = close;
plot AVG = MovingAverage(AvgType, close(period = Period), Length);
AVG.setdefaultcolor(color.WHITE)
What I need:
What would be the thinkscript code for a Volume Profile Indicator that would plot a 30 Minute POC on any timeframe chart so that it would not have to be manually drawn on charts other than a 30 minute chart? The 30 Minute Volume Profile settings are (Ticksize, 1.0, Month, 1, no, 1000, no, no, 70, 0). Additionally, it would need to have a user selected input anchor date.
Thank you so much for your help.
To Project the 21EMA on any lower timeframe chart:
# MTF Moving Average Project Higher Timeframe on Lower Timeframe Chart
input Period = aggregationPeriod.DAY;
input AvgType = averageType.EXPONENTIAL;
input Length = 21;
input priceclose = close;
plot AVG = MovingAverage(AvgType, close(period = Period), Length);
AVG.setdefaultcolor(color.WHITE)
What I need:
What would be the thinkscript code for a Volume Profile Indicator that would plot a 30 Minute POC on any timeframe chart so that it would not have to be manually drawn on charts other than a 30 minute chart? The 30 Minute Volume Profile settings are (Ticksize, 1.0, Month, 1, no, 1000, no, no, 70, 0). Additionally, it would need to have a user selected input anchor date.
Thank you so much for your help.