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Daily 50SMA on 5-minute chart ?

xerxesxdw
xerxesxdw ✭
in SharpCharts
How to plot Daily 50SMA of a symbol onto 5-minute chart of the same symbol?

Answers

  • markd
    markd mod
    In theory, you would multiply the number of 5 minute bars in one day by 50 and use the result as the MA length. It wouldn't be exactly the same because the numbers in the two calculations are different, but they would probably be similar.

    But, the main problem would be you would only see such a large ma on your chart once in a while, when it intersects the daily range (or several days range - you can't use too many days on an intraday chart or it gets to be a mess)

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