If you want to use a higher timeframe in your strategy, you have to use the "resize()" function.
This can be done in 2 ways:
- Resize a close and use this to calculate the ema
This will update every candle
-
close1H = resize(close, "1H")
ema1H = ema(close1H,21)
-
- Resize an entire function
This will only update every resized candle
-
res = resInput("MTF", "1D", ["4H", "6H", "12H", "1D", "1W"])
def std = resize(res)
{ stdev(close, ma_len)
}
-
An example can be found in the public library. Click here for the link.
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