I am doing a study which involves a moving average that is applied to a PNF chart. Is there a way to see the PNF moving average levels on a second chart set to a 1 tick periodicity? The reason for this is that I want to conduct the study with tick data but I cannot apply the moving average to the tick chart and get the same values as on the PNF chart. With this capability I can export the tick chart data and see, for example, where price crosses the moving average levels from the PNF chart.
Thanks.
Wanted to clarify my question:
I have a tick chart and a .25x7 PNF chart.
I have a sine weighted moving average applied to the PNF chart.
My end goal is to have a signal marker on the tick chart to identify where price crosses the moving average that is on the PNF chart. I will export the tick chart data to excel and be able to see in the exported data that signal cross. From there I can complete my study.
Can this be done?
The way to see data of another periodicity is by use of the Mixed Periodicity Data Indicator. In your case, you would add MPD setup to .25x7 periodicity and choose Moving Average as you see below.
I would be careful using a chart set to 1 tick per bar. That can take a great deal of resources in busy markets, depending on what else you have in that chart. Maybe you meant a tickbar chart with multiple ticks per bar.
Keep in mind, that a single PNF bar may contain 1000s of ticks. So MPD is going to stretch the value of the MA over all the ticks within the bar. So you'll see the MPD very flat on the tick chart.
As far as your signal to identify the cross, first, I recommend you choose "1 Bars Back" in the MPD preferences above, and then you should use syntax...
CL >= MPD AND CL.1 <= MPD
Thanks Chad - this is the solution I needed.
What is the purpose for selecting 1 bar back for the signal marker?
By checking 1 Bar Back in MPD, it is always looking at completed bars that you can rely on staying constant in realtime as the smaller periodicity bars are forming. You don't have to go that route, but if you don't, you'll find that some of the signals that form in realtime change when you reload your chart later.