Moving forward by a single candle (no matter what the step value is)
Posted: Sat Feb 03, 2024 5:38 pm
Could you and a hotkey for moving forward by a candle (current chart timeframe), no matter which step is chosen?
User case:
Lets say we have a H4 chart.
Usually I need to forward a chart by several HTF candles (H4 in this example).
When it starts to look as an interesting setup, I need to look how the next candle is developing in real time, so I need to swich step to lowest possible value (M1 timeframe, ideally ticks in the future) and hit play.
It means that in such scenarios, we need to continously switch step between step = chart timeframe (here H4) and much lower step (here M1) for using "play" and looking at real time candle developing at point of interest.
Possible soultions:
1. As a quick fix, it would be useful if we had a hotkey to move forward by a candle (chart timeframe, no matter what step is chosen). It would help to move chart forward quicly by a few or several candles until it looks like an interesting setup.
We would use it to move chart quicly forward and we would use "play" with much lower step for watching a single candle developement.
Important - If there are multiple charts, it should move forward in time using timeframe from the chart that is in active window (when you click on a chart with 5M timeframe, you can use mentioned hotkey and easily move forward all the charts by 5M, when you click on another chart with H4 timeframe, you can use mentioned hotkey and easily move forward all the charts by 4h).
It would be excellent to be able to manage time during backtest in the above way and it can be done just by adding the hotkey for moving forward one candle (sorry to say, but in current state that time-managament aspect during backtesting feels rather unpleasant).
2. Long-term extended solution (optional)
In addition to the above, it would be nice if there would be two kind of steps:
- first step, defining how much forward a chart moves when clicking "candle forward",
- second step, defining how quicly the chart moves forward when we click play button (in practice it should be differnt setting, usually very low timeframe, used for watching single candle development in real time).
Just for example purposes, in some tools it looks like below - ticks per second define how quickly chart moves in "play mode" (on the image 79 ticks/sec is chosen) and another setting "next bar", defines how much forward a chart moves by clicking "next bar" (on the image moving forward by 5 minutes is chosen).
It is very convenient to have them both, instead of switching continously a single "step" parameter between two different values (until tickdata is present, it would be two different timeframes, later first of them could be ticks/sec).
What do you think about it?
User case:
Lets say we have a H4 chart.
Usually I need to forward a chart by several HTF candles (H4 in this example).
When it starts to look as an interesting setup, I need to look how the next candle is developing in real time, so I need to swich step to lowest possible value (M1 timeframe, ideally ticks in the future) and hit play.
It means that in such scenarios, we need to continously switch step between step = chart timeframe (here H4) and much lower step (here M1) for using "play" and looking at real time candle developing at point of interest.
Possible soultions:
1. As a quick fix, it would be useful if we had a hotkey to move forward by a candle (chart timeframe, no matter what step is chosen). It would help to move chart forward quicly by a few or several candles until it looks like an interesting setup.
We would use it to move chart quicly forward and we would use "play" with much lower step for watching a single candle developement.
Important - If there are multiple charts, it should move forward in time using timeframe from the chart that is in active window (when you click on a chart with 5M timeframe, you can use mentioned hotkey and easily move forward all the charts by 5M, when you click on another chart with H4 timeframe, you can use mentioned hotkey and easily move forward all the charts by 4h).
It would be excellent to be able to manage time during backtest in the above way and it can be done just by adding the hotkey for moving forward one candle (sorry to say, but in current state that time-managament aspect during backtesting feels rather unpleasant).
2. Long-term extended solution (optional)
In addition to the above, it would be nice if there would be two kind of steps:
- first step, defining how much forward a chart moves when clicking "candle forward",
- second step, defining how quicly the chart moves forward when we click play button (in practice it should be differnt setting, usually very low timeframe, used for watching single candle development in real time).
Just for example purposes, in some tools it looks like below - ticks per second define how quickly chart moves in "play mode" (on the image 79 ticks/sec is chosen) and another setting "next bar", defines how much forward a chart moves by clicking "next bar" (on the image moving forward by 5 minutes is chosen).
It is very convenient to have them both, instead of switching continously a single "step" parameter between two different values (until tickdata is present, it would be two different timeframes, later first of them could be ticks/sec).
What do you think about it?