I recently discovered a multiple timeframe RSI indicator, which I find quite useful. To clarify, if using an H4 chart with an RSI indicator (i.e. H4 RSI), I apply a second RSI displaying the value of H1.
My question is, does anyone know of a multiple timeframe MACD indicator that will provide this facility? I have simulated this by having a second, (H1) MACD displayed on an H4 chart with the input settings of H4 x 4. This produces a satisfactory result, but it would be more practical if such an indicator already exists.
I would appreciate hearing from anyone.
johnny
My question is, does anyone know of a multiple timeframe MACD indicator that will provide this facility? I have simulated this by having a second, (H1) MACD displayed on an H4 chart with the input settings of H4 x 4. This produces a satisfactory result, but it would be more practical if such an indicator already exists.
I would appreciate hearing from anyone.
johnny