Alphatrends 5-Day Simple Moving Average

[andytos]

Hello Samer800,
Can you write a script for Brian Shannon's Alphatrends 5-Day Simple Moving Average for TOS. Thank you

 

[whoDAT]

Enjoy!

def agg_ticks = GetAggregationPeriod();       # milliseconds per candle
def market_1day_ticks = 23400000;             # 6.5 h x 60 x 60 x 1000
def length = (5 * market_1day_ticks) / agg_ticks;        # candles in 5 days
plot D5_MovAvg = MovingAverage(averageType.SIMPLE, close, length);

Or if you'd like just one line of code: The above equals this.

plot D5_MovAvg = MovingAverage(averageType.SIMPLE, close, 117000000/GetAggregationPeriod());

 

[andytos]

Enjoy!

def agg_ticks = GetAggregationPeriod();       # milliseconds per candle
def market_1day_ticks = 23400000;             # 6.5 h x 60 x 60 x 1000
def length = (5 * market_1day_ticks) / agg_ticks;        # candles in 5 days
plot 5D_MovAvg = MovingAverage(averageType.SIMPLE, close, length);

Or if you'd like just one line of code: The above equals this.

plot 5D_MovAvg = MovingAverage(averageType.SIMPLE, close, 117000000/GetAggregationPeriod());

This code is not working. Received error message. Thank you

 

[useThinkScript]

This code is not working. Received error message. Thank you

There was a slight error in @whoDAT's awesome solution.
Definition names cannot start with numbers.
this:

5D_MovAvg

has been changed to:

D5_MovAvg

The script above has been fixed.

 

[whoDAT]

There was a slight error in @whoDAT's awesome solution.
Definition names cannot start with numbers.
this:

has been changed to:

The script above has been fixed.

Thank you. Yes: I cannot use a variable name with starting with a number...

 

[andytos]

There was a slight error in @whoDAT's awesome solution.
Definition names cannot start with numbers.
this:

has been changed to:

The script above has been fixed.

Thank you all.

 

[dirtyrug]

is there any way to scan for this particular indicator when on daily the candle is near at/below or above the 5 dma? would greatly appreciate that!

 

[antwerks]

Looking at the original code (plot D5_MovAvg = MovingAverage(averageType.SIMPLE, close, 117000000/GetAggregationPeriod())) and doing a quick analysis we find the intent is to calculate a 5-day simple moving average (D5_MovAvg) by dividing a constant (117,000,000) by the aggregation period (in milliseconds) to determine the lookback period.

Aggregation Period: GetAggregationPeriod() returns the chart’s time interval in milliseconds (e.g., 1 minute = 60,000 ms, 1 day = 86,400,000 ms).

We would calculate:

117,000,000 ms ≈ 1.354 days (since 86,400,000 ms = 1 day).

117000000 / GetAggregationPeriod() adjusts the period dynamically. For a daily chart (86,400,000 ms), this yields ~1.354, which is scaled to ~5 days when interpreted as a target number of bars (multiplying by a factor to approximate 5 trading days, likely an intended adjustment).

The issue is that the division alone doesn’t directly yield a 5-day period unless the constant and logic are adjusted. It seems the intent was to approximate 5 trading days (~1,080 minutes or 64,800,000 ms for 5 days with 6.5-hour trading sessions), but 117,000,000 ms suggests a miscalculation. I’ll assume the goal is a 5-day SMA and correct the logic.

To achieve a true 5-day simple moving average we calculate a trading day is ~6.5 hours (23,400,000 ms), and 5 days = 117,000,000 ms. However, GetAggregationPeriod() is the chart’s interval, not total session time. For a daily chart, the period should be 5 bars (since 1 bar = 1 day). The original formula likely intended 117000000 as a proxy for 5 days in milliseconds, but it needs adjustment. I’ll use a fixed 5-bar lookback for daily charts and scale appropriately for other timeframes.

The scanner will identify stocks where the closing price crosses above or below the 5-day SMA, a common trading signal. I’ll include a filter to detect this condition, adjustable via input.

# Scanner for 5-Day Simple Moving Average Cross  DAILY ONLY
# Adapted from: plot D5_MovAvg = MovingAverage(averageType.SIMPLE, close, 117000000/GetAggregationPeriod());
# v.1 scanner by Antwerks 07/26/2025

# --- Inputs ---
input crossType = {default "Above", "Below"}; # Choose cross direction
input priceType = {default "Close", "Open", "High", "Low"}; # Price to compare

# --- Variables ---
def aggPeriod = GetAggregationPeriod();
def barsPerDay = if aggPeriod <= 86400000 then 86400000 / aggPeriod else 1; # Bars per day (approx.)
def lookbackPeriod = if aggPeriod <= 86400000 then 5 * (86400000 / aggPeriod) else 5; # 5-day equivalent
def movAvg = MovingAverage(averageType.SIMPLE, close, lookbackPeriod);
def comparePrice = if priceType == priceType.Close then close
                  else if priceType == priceType.Open then open
                  else if priceType == priceType.High then high
                  else low;

# --- Scan Condition ---
plot scan = if crossType == crossType.Above and comparePrice crosses above movAvg then 1
            else if crossType == crossType.Below and comparePrice crosses below movAvg then 1
            else 0;

 

[antwerks]

Indicator with thermal and labels:

DEF D5_MovAvg = MovingAverage(averageType.SIMPLE, close, 117000000/GetAggregationPeriod());


input showSMA = yes;
input colorSlope = yes;
input showLabel = yes;

def isDaily = GetAggregationPeriod();
def sma = MovingAverage(averageType.SIMPLE, close, 117000000/GetAggregationPeriod());

plot SMA5 = if showSMA then sma else Double.NaN;

# Slope coloring
def slopeUp = sma > sma[1];
def slopeDn = sma < sma[1];

SMA5.AssignValueColor(
if !colorSlope then Color.WHITE
else if slopeUp then Color.GREEN
else if slopeDn then Color.RED
else Color.GRAY
);

SMA5.SetLineWeight(3);
SMA5.SetStyle(Curve.FIRM);

# Label
AddLabel(showLabel, "5-Day SMA: " + Round(sma, 2),
if slopeUp then Color.GREEN
else if slopeDn then Color.RED
else Color.GRAY
);

 

[hboogie]

Indicator with thermal and labels:

DEF D5_MovAvg = MovingAverage(averageType.SIMPLE, close, 117000000/GetAggregationPeriod());


input showSMA = yes;
input colorSlope = yes;
input showLabel = yes;

def isDaily = GetAggregationPeriod();
def sma = MovingAverage(averageType.SIMPLE, close, 117000000/GetAggregationPeriod());

plot SMA5 = if showSMA then sma else Double.NaN;

# Slope coloring
def slopeUp = sma > sma[1];
def slopeDn = sma < sma[1];

SMA5.AssignValueColor(
if !colorSlope then Color.WHITE
else if slopeUp then Color.GREEN
else if slopeDn then Color.RED
else Color.GRAY
);

SMA5.SetLineWeight(3);
SMA5.SetStyle(Curve.FIRM);

# Label
AddLabel(showLabel, "5-Day SMA: " + Round(sma, 2),
if slopeUp then Color.GREEN
else if slopeDn then Color.RED
else Color.GRAY
);

Love this but would love the ability to color bars when slope color changes and ability to change the colors of the slope ( and obviously this will change the bar colors).

 

[antwerks]

Love this but would love the ability to color bars when slope color changes and ability to change the colors of the slope ( and obviously this will change the bar colors).

TRY THIS

# Enhanced 5-Day SMA with Matching Candle Coloring (Fixed to Red/Green)

# --- Inputs ---
input showSMA = yes;
input colorSlope = yes;
input showLabel = yes;
input slopeUpColor = {default GREEN, RED, WHITE, YELLOW, CYAN, MAGENTA, GRAY}; # Default GREEN
input slopeDownColor = {default RED, GREEN, WHITE, YELLOW, CYAN, MAGENTA, GRAY}; # Default RED

# --- SMA Calculation ---
def isDaily = GetAggregationPeriod();
def sma = MovingAverage(averageType.SIMPLE, close, 117000000 / GetAggregationPeriod());

plot SMA5 = if showSMA then sma else Double.NaN;

# --- Slope Logic ---
def slopeUp = sma > sma[1];
def slopeDn = sma < sma[1];

# --- SMA Coloring and Styling ---
SMA5.AssignValueColor(
    if !colorSlope then Color.WHITE
    else if slopeUp then if slopeUpColor == slopeUpColor.GREEN then Color.GREEN else GetColor(slopeUpColor)
    else if slopeDn then if slopeDownColor == slopeDownColor.RED then Color.RED else GetColor(slopeDownColor)
    else Color.GRAY
);
SMA5.SetLineWeight(3);
SMA5.SetStyle(Curve.FIRM);

# --- Candle Coloring ---
AssignPriceColor(
    if !colorSlope then Color.CURRENT
    else if slopeUp then if slopeUpColor == slopeUpColor.GREEN then Color.GREEN else GetColor(slopeUpColor)
    else if slopeDn then if slopeDownColor == slopeDownColor.RED then Color.RED else GetColor(slopeDownColor)
    else Color.CURRENT
);

# --- Label ---
AddLabel(showLabel, "5-Day SMA: " + Round(sma, 2),
    if !colorSlope then Color.GRAY
    else if slopeUp then if slopeUpColor == slopeUpColor.GREEN then Color.GREEN else GetColor(slopeUpColor)
    else if slopeDn then if slopeDownColor == slopeDownColor.RED then Color.RED else GetColor(slopeDownColor)
    else Color.GRAY
);

 

[hboogie]

TRY THIS
https://tos.mx/!6OmkPx65

Cool, but maybe allow for the colors to be in globals and allow to change both the line/slope and candle bars. In this instance I see orange candles above and below, which I believe should be different for above and below the sma

 

[antwerks]

Cool, but maybe allow for the colors to be in globals and allow to change both the line/slope and candle bars. In this instance I see orange candles above and below, which I believe should be different for above and below the sma
View attachment 25306

OOPS gonna have to readdress TOS coloring

 

[antwerks]

Cool, but maybe allow for the colors to be in globals and allow to change both the line/slope and candle bars. In this instance I see orange candles above and below, which I believe should be different for above and below the sma
View attachment 25306

the candle coloring is denotes the slope angles - price action can be above the 5EMA but heading down ...