Locking a Moving Average to a Reference Timeframe
Summary
This indicator keeps a moving average tied to a selected timeframe while the chart is viewed at other intervals. The example anchors an eight-period moving average to the hourly chart, then shows equivalent period settings on 15-minute, 30-minute, five-minute, and four-hour charts. For instance, the hourly average corresponds to a 32-period average on a 15-minute chart and a 16-period average on a 30-minute chart.
The practical purpose is to preserve the same time-based moving-average reference while changing chart resolution, especially when viewing shorter intervals. The document describes the intended behavior and gives conversion examples, but does not explain the calculation details, treatment of incomplete bars, or platform-specific parameter constraints. It also provides no trading rules or performance evidence, so the indicator is a charting aid rather than a tested strategy.
Key ideas
- The indicator anchors a moving average to one chosen timeframe while the chart timeframe changes.
- An eight-period hourly average is illustrated as equivalent to different period lengths on other chart intervals.
- The adjustment is intended to preserve a consistent time-based reference across chart views.
- The document gives no strategy rules or evidence about trading performance.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.