MA daily chart-50v20

Can anyone let me know what the daily chart with 50MAv20MA is on an hourly chart, and how it's worked out.

Thanks.

N

nobody knows?!?!?!?

50SMA = 1hr

1hr x 24 hours in a day = 1day

50 x 24 = 1200 hours in 50 days

1hr = 1200SMA

Thanks for the reply...but i stil don't get it! I am looking at a daily chart witha a 50 SMA, I leave this setting but switch to an hourly chart...this is no longer the 50 SMA, right...it's something else but I'm not sure what???? It seems to be much less than the 50 SMA?Thanks again!

When using a moving average. the 50 part is basically how many periods or to put it more simply, how many individual bars back the average is taken from.

So a 50 Simple Moving Average on a daily chart is looking at 50 days to create the average (50 daily bars). A 50 SMA on a 1 hour chart is using 50 hours to create the average (50 1 hour bars).

If you wanted to see a 50 day moving average on a 1 hour chart. First realise that it is using 50 days of data. So you need to work out what is the same as 50 days of data on a 1 hour chart.

We do this by first coverting the days to hours. So 24 hours in a day x 50 days = 1,200 hours. So if we place a 1,200 moving average on a 1 hour chart the line would be in the same place as a 50 moving average on a daily chart.

so for the 20 SMA from a daily chart the same calculation 20 days x 24 hours = 480 hours. so a 480 sma on a 1 hour chart is the same as a 20 sma on a daily chart

Hope this makes it clearer for you.

Whoahhh there big fella... Error...
The Average of the Last 480 Closes on a 1 Hour Chart will, Very Probably, NOT equal the Average of the Last 20 Closes on a Daily Chart. Although, it May be close.

eg.
1 Hour Chart spends 80% of it's session near the High but Closes on the NEW LOW.
What does that do to your theory?

Just trying to help open doors for you 'cause you are apparently a Thinker...

Hope I saved you a Buck or two and that they weren't intended to be mine.

I'll try to be clearer next time. I was just trying to be helpful and just give an idea of the relationship between the two times.

However as further discription is required. the problem with trying to do this is as you rightly point out the Close will be in different places.

I have personally written an indicator that solves this problem as it takes its data from the daily candles (or any other) but plots it on the chart of your choice. I use this to plot all the Fibbonacci MA's from the 4 hour onto my 1 hour chart.

There is a technical issue even with this, and it only plots correctly on forward data. But once it has been running a few hours its just fine. If you really need this capability, I could code it when I get some time. Let me know.

this helps thanks guys!!!!