Using Multiple Timeframes in Strategies
Author: snout_hound
Creation Date: 3/2/2009 10:09 AM
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snout_hound

#1
I have read in the documentation that users should limit the number of timeframes used in a strategy to 2 because of an identified problem. I was wondering if this was still the case. If so, is there any estimate of when this limitation might be relaxed. I am interested in the possibility of using 3 timeframes in a strategy. For instance, I could imagine using weekly indicators to determine a longer term trend, daily indicators to actually decide when to buy or sell and then intraday indicators to finesse the entries and exits.

Thanks,

Dave
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Eugene

#2
Yes, it's still the case and you can find it in the QuickRef:

QUOTE:
Warning!

Due to a bug that results in inconsistent synchronization, until Version 5.4 is released, use SetScale/Synchronize for only one other timeframe in a script.

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snout_hound

#3
Thanks. I'll be looking forward to 5.4.

Dave