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Use of indicators with daily/weekly/monthly data

Chart Forum » Indicators » Use of indicators with daily/weekly/monthly data

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figjam2
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Username: figjam2

Post Number: 4
Registered: 02-2004

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Monday, June 05, 2006 - 12:26 pm:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)


Many of you may already know this, but it is a trap for young players. When you change the time frame of the data on your chart, the time frame for the indicators do not change automatically, but has to be reset manually to the new time frame.

The differences can be huge, e.g. HUI is now showing a sell signal on MACD using weekly data, but a buy signal using daily.

Maybe this is an issue Incrediblecharts could look at.

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