MultitimeFrame MTF LinearRegAdjEMA Study

[thib311]

Is there any way to get the "LinearRegAdjEMA" study in ThinkorSwim to show from the Daily Chart on lower time frames?

 

[SleepyZ]

Is there any way to get the "LinearRegAdjEMA" study in ThinkorSwim to show from the Daily Chart on lower time frames?

Yes, as long as the lower timeframe has greater than the longer length, 50 of the "LinearRegAdjEMA". So the 5m agg set to 90days is about the lowest agg you can use.

The image shows the 90d 5m chart with the mod code below and the 1yD chart with the standard code, both with the same value.

Here is an agg period added to TOS standard code

#
# TD Ameritrade IP Company, Inc. (c) 2023
#
input agg = aggregationPeriod.DAY;
def price = close(period=agg);
input length = 50;
input lrLength = 50;
input highLowLength = 50;
input multiplier = 3;

def lr = Inertia(price, lrLength);
def dist = AbsValue(price - lr);
def denom = Highest(dist, highLowLength) - Lowest(dist, highLowLength);
def multiplier1 = 2 / (length + 1);
def multiplier2 = if denom == 0 then 1 else multiplier * (dist - Lowest(dist, highLowLength)) / denom;
def alpha = multiplier1 * (1 + multiplier2);
def ma = CompoundValue(1, ma[1] + alpha * (price - ma[1]), Average(price, length));

plot LRAdjEMA = ma;
LRAdjEMA.SetDefaultColor(GetColor(1));