We have a tool available called Higher Time Moving Average which allows you to put a moving average on a chart that has been calculated off of a higher time frame, such as a weekly MA on a daily chart, or a monthly MA on a weekly chart.
Using the Show Plot tool it’s possible to create a moving average based off a lower timeframe (ie a 200 day MA on a monthly chart) simply by changing the Timeframe option to Day:
MA(Day(PERIODAMOUNT=1), BARS=200, CALC=Close)
The same principal can be used for other tools and timeframes, such as a weekly RSI on a daily chart using the Show View tool:
Note that the RSI appears stepped as the weekly version only has one value which is being applied to 5 daily bars. Once created this weekly version can be dragged over the daily RSI (in blue) to be plotted in the same panel:
I try to plot the RSI Weekly on a daily chart as demonstrated above. As attached screenshot, it is a daily chart for AAPL. First Show view shows 10 day RSI and 10 week RSI (in step). Second Show view shows the same 10 week RSI (with Bar by Bar enabled). Cursor is on 6 Sept 2019 (Friday), I expect the 10 week RSI in both Views are the same weekly value 64.837 as it is the last day of the week. However, 10 week RSI (with Bar by Bar enabled) value is 60.579 which is the 10 day RSI instead??? The chart shows that 10 week RSI (with Bar by Bar enabled) has the same value as 10 day RSI on each day. Please advise.
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