Topic: New Indicators: Higher Time Frame Indicators Set
The following indicators have serious errors. They should not be used.
Use Wider Time Frame (WTF) Indicators instead.
THE NEWEST WIDER TIMEFRAME INDICATORS CAN BE FOUND HERE:http://forexsb.com/forum/topic/2438/wid … ndicators/
Higher Time Frame Indicators is a collection of indicators that allows us to plot higher time frame indicators value to the current time frame. For an example: you can plot 1 week time frame of Accelerator Oscillator indicator on 1 day time frame chart or 1 hour time frame of William Percentage indicator on 5 minute time frame chart. So this indicator is very useful if you are going to build multi time frame or multi period strategy.
First you have to select chart's time frame data, and then apply the HTF indicators and set the higher time frame reference as shown on the picture above. Primary option for HTF indicator are:
- Plot full HTF bar checkbox: which allow you to choose full bar data simulation or intra bar data.
- Use previous bar value: which allow you to choose previous bar value or latest bar value. As special note here: if you select the full bar data then previous bar value is a previous bar on the higher time frame, and if you select the intra bar data then previous bar value is previous bar on the chart's time frame.
Attached are the HTF Indicator Ver 3.0.0 which contains 39 original indicators such as: Accelerator Oscillator, William Percentage Range, CCI, ADX etc.