Multiple Time Frame MACD Study
Thinkorswim MTF MACD Indicator
Three time frames packed into a single MACD? How is that possible? Check it out and see for yourself. The link to download this free custom indicator is embedded within the video. It’s very important you watch the video all the way through in order to understand what this indicator does, and how to adjust it to fit your needs. It will only work on time based charts. Sorry, tick and range charts are not supported. The idea for this indicator was based on feedback received from one of our viewers. Haven’t seen the video you’re looking for? Just drop us a note and we may end up doing a video on the topic of your choice. You can reach us several ways. You can leave a comment below, or connect with us via Facebook, Google+ and the www.hahn-tech.com webpage.
Link to study file: Chart_MTF_MACDSTUDY.ts
Lean More:
Would you like to learn how to master the chart settings on Thinkorswim? Click here for our 3 part series: Thinkorswim Chart Settings Tutorial
DISCLAIMER: I AM NOT A CERTIFIED FINANCIAL ADVISOR AND NOTHING IN THIS VIDEO OR TEXT IS AN ADVERTISEMENT OR RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT. NOR IS THIS VIDEO OR TEXT INTENDED TO INSTRUCT YOU ON HOW TO MAKE BUY OR SELL DECISIONS USING ANY OF THESE INDICATORS.
*Thinkorswim is a chart analysis platform offered by TD Ameritrade: www.tdameritrade.com
TD Ameritrade provides financial services including the trading of Stocks, Futures, Options and Forex.
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Hi Pete , Loved the video. Am so excited to try this out. Im using a MacBook Air, but the download then try to open in Supremeplayer which is a video media player. Any tips in which it should be opening up with – is this Mac compatible t?
Regards
Mat
The file is cannot be opened to copy/paste. It is a study file and needs to be saved to your hard drive and imported into Thinkorswim. The following post in our FAQ’s usually clears this up for most viewers: https://www.hahn-tech.com/ans/how-to-download-and-import-study-ts-files-into-thinkorswim/
Hi Pete,
I’ve added MACD Crossover Sound to MACD
Alert(UpSignal == ZeroLine, “Up Arrow Alert”, Alert.BAR, Sound.RING);
Alert(DownSignal == ZeroLine, “Down Arrow Alert”, Alert.BAR, Sound.RING);
but the above won’t work on your MTF.
any help would be great. I’m more of a copy paste guy
Alerts were added in version 2. Version 1 is not suitable for adding alerts because the signals are able to repaint with version 1. You can get version 2 here: https://www.hahn-tech.com/thinkorswim-strategy-guide-mtf/
Thanks!! 🙂
Pete! Thanks this saves a lot of back and forth between time frames to get a MACD confirmation signal to enter a trade. I can clean up my chart to just an exit signal now. I use 5 15 and 30 setting for intraday futures. Thanks for the video and instructions. A piece of cake to install and thanks for freely sharing this study!!
Thanks for taking the time to provide you feedback and express your appreciation for our free content. Be sure to check out version 2 of this MTF MACD chart study, which includes a chart strategy you can use for back-testing: https://www.hahn-tech.com/thinkorswim-strategy-guide-mtf/
Thanks Pete!
Hi Pete, thank you for everything you do! I have learned so much just by watching your videos and your customer indicators. How would I go about creating an alert for when all 3 aggregation periods match?
Only way to do that is to create a custom scan: https://www.hahn-tech.com/thinkorswim-mtf-macd-scan/
I love the video and think it’s great. I imported it into TOS but it’s not showing anything like what yours looks like. It’s just one single line. I set it up like you showed. Any ideas?
No way to tell unless I see a screenshot of your chart. Consider posting this in the Q&A forum.
MTF has 3 Input time frames- fast,mid,long. I need to set only 2 time-frames. how do i set the long (3rd) time frame to be inert.(inactive)
set time frames 2 and 3 to the same value.
Hi Pete! Thank you for all you do. This does not function as it should on the mobile app which is all I can use at work. It shows the MACD lines and histogram but doesn’t appear to change colors or show thesignal arrows. Also, I can’t find “START AGGREGATION AT MARKET OPEN” on the tos mobile app anywhere. Any chance you’d be willing to slightly modify for us stuck on the mobile app? It doesn’t even have to change colors, if it would just show the signal. I love this study and this website. Thanks.
Sorry, MTF indicators are not supported on the mobile platform. There is no way to work around this limitation.
I figured that. Thanks for clarifying and the quick reply.
The happens when your web browser is blocking Annotations on YouTube. You can try using a different web browser or try resetting it to default settings.
Thanks I’ve looked into it. Tried Chrome, Edge and Firefox. No extensions, even paused antivirus security. Gear icon shows annotations on. Cleared cache and cookies. Restarted browser, reset to default on youtube and browsers, reloaded youtube, even downloaded installed as a new browser Firefox to try that. Unable to view the link annotation no matter what I try. Can’t believe I’m the only one with this issue.
Terribly sorry to put you through all that. I was not aware that YouTube has completely removed all annotations. Even from videos previously published. Please contact me via this contact form and I will email you the link.
https://www.hahn-tech.com/about/
I will have to update my entire library of videos to correct the issue for the rest of the viewers: