How to pick specific 5M candle from higher TF | Forex Factory

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How to pick specific 5M candle from higher TF

  • #1
  • First Post: Oct 7, 2013 5:18am Oct 7, 2013 5:18am
Hi guys

I am looking for best code for selecting specific 5M candle from higher TF.
What I mean is this.
For example I know that candle 2 on 30M chart has lowest price of previous X-30Min candles... Is there some function that I can use for select (pick) from this 30M candle that specific 5M candle which has this lowest price? Because on this 30M candle there are 6 x5M candles and only one has that lowest price.

THX
  • #2
  • Oct 7, 2013 6:04am Oct 7, 2013 6:04am
You can get the datetime of the open and close of the 30 min candle
Then use Ibarshift and iLowest, restricting the scan to between the 2 datetimes to find the M5 candle
Please Do Not PM Me With Coding Enquiries
  • #3
  • Oct 7, 2013 6:09am Oct 7, 2013 6:09am
Quoting Gumrai
You can get the datetime of the open and close of the 30 min candle Then use Ibarshift and iLowest, restricting the scan to between the 2 datetimes to find the M5 candle
Thx Gumrai
I was thinking to use exact "data window" but problem is if I know open&close time of that 30M how I select Lowest 5M candle for only this time window? I will only use something like this???:
iLowest(NULL, 5, MODE_LOW, CloseTime, OpenTime)
  • #4
  • Edited 6:59am Oct 7, 2013 6:42am | Edited 6:59am
Quoting crusader1
{quote} Thx Gumrai I was thinking to use exact "data window" but problem is if I know open&close time of that 30M how I select Lowest 5M candle for only this time window? I will only use something like this???: iLowest(NULL, 5, MODE_LOW, CloseTime, OpenTime)
Not tested in anyway, but this may give you a starting point to do what you want
Inserted Code
int i;  //Shift of bar in the higher timeframe
  datetime opencandle = Time;
  datetime closecandle = opencandle + (Period()*60)-1;
  int shiftM5first = iBarShift(NULL,PERIOD_M5,opencandle,false);
  int shiftM5last = iBarShift(NULL,PERIOD_M5,closecandle,false);
  int M5lowestshift = iLowest(NULL,PERIOD_M5,MODE_LOW,shiftM5first-shiftM5last +1,shiftM5last);

Edit: seems to be a problem with posting the code. In the second line of the above code, it should be Time,open sg bracket,i,close sq bracket
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  • #5
  • Oct 7, 2013 6:43am Oct 7, 2013 6:43am
Quoting crusader1
{quote} Thx Gumrai I was thinking to use exact "data window" but problem is if I know open&close time of that 30M how I select Lowest 5M candle for only this time window? I will only use something like this???: iLowest(NULL, 5, MODE_LOW, CloseTime, OpenTime)
if you know it is the lowest of the last X 30m bars then it is also the lowest of the last X*6 5m bars so just select the lowest 5m bar of the last X*6 which is easily done.

int TheBar = iLowest(NULL,PERIOD_M5,MODE_LOW,x,0);

where x = number of bars to search ie X*6
  • #6
  • Oct 7, 2013 6:52am Oct 7, 2013 6:52am
I have tried numerous times to edit my previous post.
The 2nd line of code should be
datetime opencandle = Time;
but it just shows as Time without the for some reason.

WTF!! it doesn't show in this post either
It is square brackets with the i integer ""
Please Do Not PM Me With Coding Enquiries
  • #7
  • Oct 7, 2013 6:54am Oct 7, 2013 6:54am
Quoting Gumrai
I have tried numerous times to edit my previous post. The 2nd line of code should be datetime opencandle = Time; but it just shows as Time without the for some reason.

thx Gumrai.
in this line
datetime closecandle = opencandle + (Period()*60)-1;
Why did you add also that -1?
  • #8
  • Oct 7, 2013 7:01am Oct 7, 2013 7:01am
Quoting crusader1
{quote} thx Gumrai. in this line datetime closecandle = opencandle + (Period()*60)-1; Why did you add also that -1?
Because without that it would then be the time of the next opened candle on the higher time-frame.
Please Do Not PM Me With Coding Enquiries
  • #9
  • Oct 7, 2013 7:04am Oct 7, 2013 7:04am
Quoting Gumrai
{quote} Because without that it would then be the time of the next opened candle on the higher time-frame.
understand

thx Gurmai I am testing that code now
I will let you know how it works for me
  • #10
  • Oct 7, 2013 5:46pm Oct 7, 2013 5:46pm
Hi Gumrai

Your Idea is working but I have one Q. I added Vline to see exactly which candle on Lower TF is that specific (because I am watching chart on Upper TF) but it is not working correctly. I received Alert but no Vline. After I switch from Upper TF to Lower TF and again back to Upper TF then indi will plot that line.
Can you tell me what can be wrong in tha Line code?
.
.
datetime opencandle = iTime(NULL, 30, 2);
datetime closecandle = opencandle + (Period()*60)-1;
int shiftM5first = iBarShift(NULL,5,opencandle,false);
int shiftM5last = iBarShift(NULL,5,closecandle,false);
int M5HighestPriceShift = iHighest(NULL,5,MODE_HIGH,shiftM5first-shiftM5last,shiftM5last);
int M5HighestVolumeShift = iHighest(NULL,5,MODE_VOLUME,shiftM5first-shiftM5last,shiftM5last);
ObjectCreate("Line"+Time[1], OBJ_VLINE, 0, 0, 0, 0, 0);
ObjectSet("Line"+Time[1], OBJPROP_COLOR, Gold);
ObjectSet("Line"+Time[1], OBJPROP_STYLE, STYLE_SOLID);
ObjectSet("Line"+Time[1], OBJPROP_WIDTH, 1);
ObjectSet("Line"+Time[1], OBJPROP_TIME1, iTime(NULL, 5, M5HighestPriceShift));
ObjectSet("Line"+Time[1], OBJPROP_BACK, true);
Alert(Symbol() + Period() + "M" + " Candle Number with Highest price x=" + M5HighestPriceShift + " Volume candle v=" + M5HighestVolumeShift);

THX
  • #11
  • Last Post: Oct 7, 2013 7:44pm Oct 7, 2013 7:44pm
It is possible that the M5 values are updating, one of the problems with retrieving data from a different timeframe.
It may be an idea to check that M5Highestshift != 0
If it does and you are not running this code in an indicator, then sleep for 2000ms then start again
When you change tf to M5 and back, the terminal has time to fully update M5 data.

Note:
Inserted Code
int M5HighestPriceShift = iHighest(NULL,5,MODE_HIGH,shiftM5fi rst-shiftM5last,shiftM5last);
you have a space in first and you missed out the +1


Inserted Code
int M5HighestPriceShift = iHighest(NULL,5,MODE_HIGH,shiftM5first-shiftM5last,shiftM5last +1);


It may also be an idea to add a condition as this may do strange things if attached to the M5 or M1chart.

Inserted Code
if(Period() > PERIOD_M5)
  {
  //insert code
  }
Please Do Not PM Me With Coding Enquiries
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