The MTF stochs works like this if I understand it right. This is on a 15m chart.. the 15M stoch will always be correct, the 30M stoch calculate on every XX:00 and XX:30 and 1H stoch calculates on each hour bar..etc..
How do you think our MTF Stochs would perform if they were based on bars and not time? Again.. 15M chart, 30M stoch would calculate on the last two bars, not just 12:00 ->12:30, 12:30 -> 13:00 but on bars so that it will be 12:00->12:30 and on next 15M bar it would be 12:15->12:45. The same for the 1H stoch that would need the last 4 bars for calculation, 12:00->13:00 and on next 15M bar it would be 12:15->13:15. This way larger timeframe Stochbars would not repaint and we would always have a "fresh" stoch on all our timeframes.
I hope you all understand what I'm getting at.. anyone that could program a MTF stoch like this?
How do you think our MTF Stochs would perform if they were based on bars and not time? Again.. 15M chart, 30M stoch would calculate on the last two bars, not just 12:00 ->12:30, 12:30 -> 13:00 but on bars so that it will be 12:00->12:30 and on next 15M bar it would be 12:15->12:45. The same for the 1H stoch that would need the last 4 bars for calculation, 12:00->13:00 and on next 15M bar it would be 12:15->13:15. This way larger timeframe Stochbars would not repaint and we would always have a "fresh" stoch on all our timeframes.
I hope you all understand what I'm getting at.. anyone that could program a MTF stoch like this?