Faster Moving Average

Jerseystranger

New member
This is a script for Faster Moving average, but getting some errors can anybody help.


declare lower;

input fastLength = 5; // Period for the faster-moving average
input slowLength = 13; // Period for the slower-moving average

plot FastMA = ExpAverage(close, fastLength);
plot SlowMA = ExpAverage(close, slowLength);

FastMA.SetDefaultColor(GetColor(8)); // Color for the faster-moving average
SlowMA.SetDefaultColor(GetColor(5)); // Color for the slower-moving average

plot BullishSignal = FastMA > SlowMA;
plot BearishSignal = FastMA < SlowMA;

FastMA.SetLineWeight(2); // Adjust line thickness if needed
SlowMA.SetLineWeight(2);


BullishSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
BullishSignal.SetDefaultColor(Color.UPTICK);
BullishSignal.SetLineWeight(2);

BearishSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
BearishSignal.SetDefaultColor(Color.DOWNTICK);
BearishSignal.SetLineWeight(2);
 
Solution
Errors:
ThinkScript uses the number sign / hash mark / # for comments, not slashes or double slashes.
With that fixed, it returns a valid script.
However, I think you probably want to use crosses above / crosses below for your signals like this:
Code:
declare lower;

input fastLength = 5; # Period for the faster-moving average
input slowLength = 13; # Period for the slower-moving average

plot FastMA = ExpAverage(close, fastLength);
plot SlowMA = ExpAverage(close, slowLength);

FastMA.SetDefaultColor(GetColor(8)); # Color for the faster-moving average
SlowMA.SetDefaultColor(GetColor(5)); # Color for the slower-moving average

plot BullishSignal = FastMA crosses above SlowMA;
plot BearishSignal = FastMA crosses below SlowMA...
Errors:
ThinkScript uses the number sign / hash mark / # for comments, not slashes or double slashes.
With that fixed, it returns a valid script.
However, I think you probably want to use crosses above / crosses below for your signals like this:
Code:
declare lower;

input fastLength = 5; # Period for the faster-moving average
input slowLength = 13; # Period for the slower-moving average

plot FastMA = ExpAverage(close, fastLength);
plot SlowMA = ExpAverage(close, slowLength);

FastMA.SetDefaultColor(GetColor(8)); # Color for the faster-moving average
SlowMA.SetDefaultColor(GetColor(5)); # Color for the slower-moving average

plot BullishSignal = FastMA crosses above SlowMA;
plot BearishSignal = FastMA crosses below SlowMA;

FastMA.SetLineWeight(2); # Adjust line thickness if needed
SlowMA.SetLineWeight(2);


BullishSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
BullishSignal.SetDefaultColor(Color.UPTICK);
BullishSignal.SetLineWeight(2);

BearishSignal.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
BearishSignal.SetDefaultColor(Color.DOWNTICK);
BearishSignal.SetLineWeight(2);

-mashume
 
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