# Difference between moving average and price labels

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I am looking for a label script for the following:

Different between Current Price and the 200 day Simple Moving Average
100 divided by (the above number plus 15%) = What I am looking to be displayed.

I am sure this is simple, but I am struggling. Thanks for the help! I also would like this in a watch list column

Last edited:
Here's what I got without luck...

plot simpleMovingAvg200 = simpleMovingAvg(close, 200);
simpleMovingAvg200.setdefaultColor(color.RED);
AddLabel(1, "SMA Price Difference: " + Round(simpleMovingAvg200-priceType.LAST, 2), color.RED);

Here you go - hope this works for you.

https://tos.mx/qkp6FJV

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Thanks for reply. This is close, I think the way I wrote out the data I was looking for wasn't clear. Here is an example:

These are made up numbers/Stock ABC

Current Price: \$120
200 SMA: \$119
Difference between the two: \$1
Difference + 15% = \$1.15
100 divided by 1.15 = 87 (rounded)

87 formula is the # I would like displayed in a chart label

And if it is easier, a chart label that just shows the difference between current price and the 200 SMA (in # not %) would be sufficient

Hello everyone,

I'm wondering if someone can help me with the code for 2 TOS watchlist column that do the following:

1. Column that shows the % difference between the Last candle closing price and the 4 EMA.

2. Column that shows the % difference between Mark and the 4 EMA.

@gbears96 This should give you the difference between the closing price and the 4 EMA:

Code:
``````# Display % difference between close and exponentialDeviationBands moving average

input length = 4;
def ema = ExpAverage(close, length);
def diff = absValue(close - ema) * 100 / close;
plot value = diff;``````

Thanks @BenTen for the quick response!

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