Multi-Timeframe MTF POC

Shmo

New member
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.
 
Solution
There are not any MTF volume indicators on the forum. I also looked on other trading platforms, including TradingView, to see if they had an MTF volume which could be converted. I didn't find one. This doesn't seem to be a thing.

A workaround is to create a simple label on a mini-detached chart and pin it above your other charts.

@Shmo @fictionalcara @Amarante
Most of my plays come from watching price action interact with weekly, daily, hourly, and 30m POCs. Right now, I am manually checking and updating all of those on my charts for about 20 tickers and it is just too much brute force work. Is there an easy way for me to streamline this with a script? Currently I chart them all with the same color and differentiate by name and width of line (weekly and daily get thicker lines than hourly and 30m POCs).

I did search around the forums but wasn't able to find anything that addresses this specific issue. Thank you in advance!
 
There are not any MTF volume indicators on the forum. I also looked on other trading platforms, including TradingView, to see if they had an MTF volume which could be converted. I didn't find one. This doesn't seem to be a thing.

A workaround is to create a simple label on a mini-detached chart and pin it above your other charts.

@Shmo @fictionalcara @Amarante
 
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