Stacked Moving Averages For ThinkOrSwim

[merc2226]

is there a way to get an arrow on mobile when 3 ema's are stacked correctly?

Here ya go:

def stackedUp = Average(close,10) is greater than Average(close,20)
and Average(close,20) is greater than Average(close,50);

def stackedDn = Average(close,10) is less than Average(close,20)
and Average(close,20) is less than Average(close,50);



AddLabel(yes, " Stacked ",
    if stackedUp then Color.GREEN else if stackedDn then Color.RED else Color.GRAY);

what is the code to scan when this occurs?

 

[MerryDay]

is there a way to get an arrow on mobile when 3 ema's are stacked correctly?


what is the code to scan when this occurs?

This version can be used for mobile and scanner.
To reference a study in the scanner:
https://usethinkscript.com/threads/how-to-use-thinkorswim-stock-hacker-scans.284/

def stackedUp = Average(close,10) is greater than Average(close,20)
and Average(close,20) is greater than Average(close,50);

def stackedDn = Average(close,10) is less than Average(close,20)
and Average(close,20) is less than Average(close,50);



plot ArrowUP = stackedUP ;
ArrowUP.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
ArrowUP.SetDefaultColor(color.cyan) ;
ArrowUP.SetLineWeight(1);

plot ArrowDN = stackedDN;
ArrowDN.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
ArrowDN.SetDefaultColor(color.magenta) ;
ArrowDN.SetLineWeight(1);

 

[merc2226]

is there a way to get an arrow on mobile when 3 ema's are stacked correctly?


what is the code to scan when this occurs?

i'm getting an error that no label so I deleted that but it says at least one plot needs to be defined.
what im trying to accomplish is an alert when they are stacked, I thought if I did it as a scan it would alert when it happened in my scan.

 

[MerryDay]

i'm getting an error that no label so I deleted that but it says at least one plot needs to be defined.
what im trying to accomplish is an alert when they are stacked, I thought if I did it as a scan it would alert when it happened in my scan.

Actually there are two plots defined in the above script so your error is not possible.
And as you can see it works in the above image just fine with no errors.
And there is no label, so there can be no label error message.

Maybe the problem lies with your cutting and pasting of the above script into a new study?
https://usethinkscript.com/threads/how-to-import-existing-thinkscript-code-on-thinkorswim.10/
or
You didn't follow these instructions when setting up your scan?
https://usethinkscript.com/threads/how-to-use-thinkorswim-stock-hacker-scans.284/

For Alerts:
There are scanned watchlist alerts which alert whenever the results of the scan changes.
These alerts can be 3min delayed. They can have custom sounds, they can be sent to phone/email, if you have notifications turned on in the app setup.
https://tlc.thinkorswim.com/center/howToTos/thinkManual/Scan/Stock-Hacker#:~:text=Scan results are,scan results change…

 

[merc2226]

Actually there are two plots defined in the above script so your error is not possible.
And as you can see it works in the above image just fine with no errors.
And there is no label, so there can be no label error message.

Maybe the problem lies with your cutting and pasting of the above script into a new study?
https://usethinkscript.com/threads/how-to-import-existing-thinkscript-code-on-thinkorswim.10/
or
You didn't follow these instructions when setting up your scan?
https://usethinkscript.com/threads/how-to-use-thinkorswim-stock-hacker-scans.284/

For Alerts:
There are scanned watchlist alerts which alert whenever the results of the scan changes.
These alerts can be 3min delayed. They can have custom sounds, they can be sent to phone/email, if you have notifications turned on in the app setup.
https://tlc.thinkorswim.com/center/howToTos/thinkManual/Scan/Stock-Hacker#:~:text=Scan results are,scan results change…

Thank you!!

 

[us3r001]

Hi . I use this bullish stacked EMA scan code.
I'd like to scan also for bearish stacked EMA.
Can someone please edit the code ? Thanks !

MovAvgExponential("length" = 8)."AvgExp" is greater than MovAvgExponential("length" = 21)."AvgExp" and MovAvgExponential("length" = 21)."AvgExp" > MovAvgExponential("length" = 34)."AvgExp" and MovAvgExponential("length" = 34)."AvgExp" > MovAvgExponential("length" = 55)."AvgExp" and MovAvgExponential("length" = 55)."AvgExp" > MovAvgExponential("length" = 89)."AvgExp"


Or what would you use instead ?

 

[MerryDay]

Hi . I use this bullish stacked EMA scan code.
I'd like to scan also for bearish stacked EMA.
Can someone please edit the code ? Thanks !

MovAvgExponential("length" = 8)."AvgExp" is greater than MovAvgExponential("length" = 21)."AvgExp" and MovAvgExponential("length" = 21)."AvgExp" > MovAvgExponential("length" = 34)."AvgExp" and MovAvgExponential("length" = 34)."AvgExp" > MovAvgExponential("length" = 55)."AvgExp" and MovAvgExponential("length" = 55)."AvgExp" > MovAvgExponential("length" = 89)."AvgExp"

To change from bullish to bearish; change the 'greater than' signs to 'less than' signs.

I am not sure that this script provides any significant value. No, I have no other suggestions.
I have never seen any research or articles that stacked bearish EMA's provide a good exit point or a good place to short.

But you should do what works for you,
Come back if you find this useful and explain how.

MovAvgExponential("length" = 8)."AvgExp" is less than MovAvgExponential("length" = 21)."AvgExp" and MovAvgExponential("length" = 21)."AvgExp" < MovAvgExponential("length" = 34)."AvgExp" and MovAvgExponential("length" = 34)."AvgExp" < MovAvgExponential("length" = 55)."AvgExp" and MovAvgExponential("length" = 55)."AvgExp" < MovAvgExponential("length" = 89)."AvgExp"

 

[panamamcc]

Here is my EMA_Stack... Watch it and see if it will get you most of the way to where you want to be...

def stackedUp = MovAvgExponential("length" = 8)."AvgExp" is greater than MovAvgExponential("length" = 21)."AvgExp"
and MovAvgExponential("length" = 21)."AvgExp" is greater than MovAvgExponential("length" = 34)."AvgExp"
and MovAvgExponential("length" = 34)."AvgExp" is greater than MovAvgExponential("length" = 55)."AvgExp"
and MovAvgExponential("length" = 55)."AvgExp" is greater than MovAvgExponential("length" = 89)."AvgExp";


def stackedDn = MovAvgExponential("length" = 8)."AvgExp" is less than MovAvgExponential("length" = 21)."AvgExp"
and MovAvgExponential("length" = 21)."AvgExp" is less than MovAvgExponential("length" = 34)."AvgExp"
and MovAvgExponential("length" = 34)."AvgExp" is less than MovAvgExponential("length" = 55)."AvgExp"
and MovAvgExponential("length" = 55)."AvgExp" is less than MovAvgExponential("length" = 89)."AvgExp";


AddLabel(yes, " Stacked ", if stackedUp then Color.GREEN else if stackedDn then Color.RED else Color.GRAY);

TOS says @ 13:1 AddLabel is not useable in this context

 

[useThinkScript]

TOS says @ 13:1 AddLabel is not useable in this context

This error does not exist for scripts plotted on a chart.
You provided no information as to where you are attempting to apply this script.
Assuming you are attempting to stuff the script into the scan hacker.
Please don't.
Please follow the instructions in this tutorial as to how to reference studies in the scan hacker:
https://usethinkscript.com/threads/how-to-use-thinkorswim-stock-hacker-scans.284/

 

[Andyuk]

I am trying to get a label to show me when the 8, 21, 34, 55 and 89 EMAs are all stacked (turns green) . Does anyone have this code or setup ?
Thank you in advance

 

[rad14733]

@Andyuk Here you go... https://usethinkscript.com/threads/stacked-moving-averages-for-thinkorswim.4719/post-72617

 

[merrymee]

@BenTen i posted the image earlier

can you help arrange this into one code (EMA 200, EMA 50, EMA 21, EMA 9) + VWAP to only alert when >3, 4 or 5 are in sync.

 

[useThinkScript]

can you help arrange this into one code (EMA 200, EMA 50, EMA 21, EMA 9) + VWAP to only alert when >3, 4 or 5 are in sync.

@merrymee
your request got moved here.

You will find a variety of stacked ema scripts.

You can add the ToS built-in vwap

 

[Thinker]

I am trying to get a label to show me when the 8, 21, 34, 55 and 89 EMAs are all stacked (turns green) . Does anyone have this code or setup ?
Thank you in advance

I think this code will give what you want, and it supplies a label:

# TOS Stacked EMA 8,21,34,55,89

def exp8 = reference movAvgExponential(length=8);
def exp21 = reference movAvgExponential(length=21);
def exp34 = reference movAvgExponential(length=34);
def exp55 = reference movAvgExponential(length=55);
def exp89 = reference movAvgExponential(length=89);

plot Eup =exp8>exp21 AND exp21>exp34 AND exp34>exp55 AND exp34>exp55 AND exp55>exp89;

Eup.hide();

# Add label for Eup
AddLabel(yes, if Eup then "EMAs 8-21-34-55-89 Stacked" else "EMAs 8-21-34-55-89 Not Stacked",
if Eup then Color.GREEN else color.RED );

 

[JakeD]

on the time frame you are currently viewing?

I am trying to get a label to show me when the 8, 21, 34, 55 and 89 EMAs are all stacked (turns green) . Does anyone have this code or setup ?
Thank you in advance

declare upper;

input useCustomTimeframe = no; # Toggle between current and custom timeframe
input customTimeframe = AggregationPeriod.DAY; # Set custom timeframe

def agg = if useCustomTimeframe then customTimeframe else GetAggregationPeriod();

def ema8 = ExpAverage(close(period = agg), 8);
def ema21 = ExpAverage(close(period = agg), 21);
def ema34 = ExpAverage(close(period = agg), 34);
def ema55 = ExpAverage(close(period = agg), 55);
def ema89 = ExpAverage(close(period = agg), 89);

def stacked = (ema8 > ema21 and ema21 > ema34 and ema34 > ema55 and ema55 > ema89) or
(ema8 < ema21 and ema21 < ema34 and ema34 < ema55 and ema55 < ema89);

AddLabel(1,
if stacked then "EMAs Stacked" else "EMAs Not Stacked",
if stacked then Color.GREEN else Color.RED);

this should do it, you can set it to evaluate whichever timeframe/chart you are currently viewing OR, set it to scan just a particular time frame no matter what you are looking at