AGAIG Label Fast MA is Above, Below Slow MA For ThinkOrSwim

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AGAIG 8/21 EMA LABEL SHOWING BARS ABOVE/BELOW for TOS​

As a label lover who wants only the information here is an 8/21 EMA LABEL (can be toggled for SMA, Weighted, Wilders, Hull, our choice) and you can also change the parameters should you desire.

What it does
Shows a single label on your chart telling you whether the fast MA is above, below, or at the slow MA, and how many bars that condition has held.

Inputs

• maType — dropdown: choose Simple (SMA), Exponential (EMA), Weighted (WMA), Wilders, or Hull. Applies to both lines.
• fastLength — default 8
• slowLength — default 21
• price — default close (can switch to open/high/low/hl2 etc.)
• LabelSize / LabelLocation — cosmetic placement, doesn't affect logic

Reading the label

• Green, e.g. "EMA 8/21: Above (5)" — fast has been above slow for 5+ bars, trend confirmed
• Red, e.g. "EMA 8/21: Below (12)" — fast has been below slow for 12+ bars, downtrend confirmed
• Yellow — either fast = slow exactly, or the cross just happened (count = 1), meaning it hasn't had a bar yet to confirm

How to use it
Add to chart, pick your MA type and lengths.
Watch for yellow — that's your "just crossed" flag.
Green/red confirms the trend has held for more than one bar. You decide your own threshold from there based on how it behaves over time.

Known behavior to watch

• Hull and Wilders will move differently than EMA/SMA — the count/color feel may need separate calibration if you experiment with those types.
• Count resets to 1 every time trend flips, including whipsaws — a choppy market will show a lot of quick yellow flickers.

LABEL INDICATOR LINK: http://tos.mx/!2UuZwHF0

#AGAIG 8/21 MA Label

input maType      = AverageType.EXPONENTIAL;
input fastLength  = 8;
input slowLength  = 21;
input price       = close;
input LabelSize     = fontsize.medium;
input LabelLocation = location.top_left;

def fast = MovingAverage(maType, price, fastLength);
def slow = MovingAverage(maType, price, slowLength);

def trend = if fast > slow then 1 else if fast < slow then -1 else 0;
def count = if trend != trend[1] then 1 else count[1] + 1;

def maLabel = if maType == AverageType.SIMPLE then 1
    else if maType == AverageType.EXPONENTIAL then 2
    else if maType == AverageType.WEIGHTED then 3
    else if maType == AverageType.WILDERS then 4
    else if maType == AverageType.HULL then 5
    else 0;

AddLabel(yes,
    (if maLabel == 1 then "SMA"
     else if maLabel == 2 then "EMA"
     else if maLabel == 3 then "WMA"
     else if maLabel == 4 then "Wilders"
     else if maLabel == 5 then "Hull"
     else "MA") + " " + fastLength + "/" + slowLength + ": " +
    (if trend == 1 then "Above" else if trend == -1 then "Below" else "At") + " (" + count + ")",
    if trend == 0 then Color.YELLOW
    else if count <= 1 then Color.YELLOW
    else if trend == 1 then Color.GREEN
    else Color.RED, LabelLocation, LabelSize);