Can a 5m chart script access 1m data in MT4? | Forex Factory

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Can a 5m chart script access 1m data in MT4?

  • #1
  • First Post: Jan 25, 2016 11:51pm Jan 25, 2016 11:51pm
Is it possible for a script on say a 5m chart to get the data for the median price of each minute in those five minutes?

I am talking about doing it simply... Not using two charts and feeding the data across. Can a 5m chart script access 1m data?
"Don't fear a bubble until it starts to burst."
  • #2
  • Jan 26, 2016 8:58am Jan 26, 2016 8:58am
Quoting meanvel
Is it possible for a script on say a 5m chart to get the data for the median price of each minute in those five minutes? I am talking about doing it simply... Not using two charts and feeding the data across. Can a 5m chart script access 1m data?
yes
  • #3
  • Jan 26, 2016 9:22am Jan 26, 2016 9:22am
Basic example to show how to call data from other timeframes

Inserted Code
   for(int i=0; i<5; i++)
     {
      double low =iLow(NULL,PERIOD_M1,i),
             high=iHigh(NULL,PERIOD_M1,i),
             mid =low+((high-low)/2);
     }
  • #4
  • Last Post: Jan 27, 2016 6:04pm Jan 27, 2016 6:04pm
Thanks. I tried to average five 1m medians to get a 5m median which is the average of each 1m median, but I was getting some strange effects... Meh, I will try again later.

For some reason I was getting 1m median averages which were not all within the same 5m period... So the five period 1m median average was for like part of one five minute bar, and part of another... Need to integrate some sort of timeframe synchronization script or something.

I don't really think it's really all that important of a formula. What most people perceive in their trading platforms is the standard HLC data... So that is the main thing influencing their emotions and decisions when it comes to price. There is an advantage in seeing the same thing as others. Like in poker, everyone sees the same cards on the table.
"Don't fear a bubble until it starts to burst."
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