Here's an indicator that can display moving averages from different timeframes and uses interpolation:
http://img230.imageshack.us/img230/7374/mtfmajb8.gif
And one question: would it make more sense, to shift the whole indicator one period to the right? Then the candle close from an upper timeframe would be in the future, which makes sense. On the other hand, indicator values from the same time would no longer coincide over different time frames.
The cause is that we use the candle close to calculate the indicator, but the chart times denominate the candle open time.
http://img230.imageshack.us/img230/7374/mtfmajb8.gif
And one question: would it make more sense, to shift the whole indicator one period to the right? Then the candle close from an upper timeframe would be in the future, which makes sense. On the other hand, indicator values from the same time would no longer coincide over different time frames.
The cause is that we use the candle close to calculate the indicator, but the chart times denominate the candle open time.

Attached File(s)