I would like an indicator which can do the following:
I would like a script/indicator which will automatically update the Daily chart every four hours based on the previous six 4Hour bars. I would also like to be able to update the 4Hour bars on an hourly basis.
So every 4 hours the Daily chart would redraw itself and the last (most recent bar) would be the time between the last redraw and the next 4 hour redraw, while the second to last bar would be the daily bar using the last 6 full 4Hour bars. The third to last and all other bars would be adjusted accordingly.
On the 4 hour chart the most recent bar would be the time between the last redraw and the next 1 hour bar while the second to last bar would be a 4 hour bar using the last 4 full one hour bars. The third to last and all other bars would be adjusted accordingly.
By doing this I hope to check the shape of the daily bars every 4 hours and the shape of the 4Hour bars every hour.
Any ideas on how to do this?
I would like a script/indicator which will automatically update the Daily chart every four hours based on the previous six 4Hour bars. I would also like to be able to update the 4Hour bars on an hourly basis.
So every 4 hours the Daily chart would redraw itself and the last (most recent bar) would be the time between the last redraw and the next 4 hour redraw, while the second to last bar would be the daily bar using the last 6 full 4Hour bars. The third to last and all other bars would be adjusted accordingly.
On the 4 hour chart the most recent bar would be the time between the last redraw and the next 1 hour bar while the second to last bar would be a 4 hour bar using the last 4 full one hour bars. The third to last and all other bars would be adjusted accordingly.
By doing this I hope to check the shape of the daily bars every 4 hours and the shape of the 4Hour bars every hour.
Any ideas on how to do this?