find when 2 to 5 averages are close together, within x%.

[halcyonguy]

this is an upper study for testing
(below is a lower/scan)

based on these requests
https://usethinkscript.com/threads/3-moving-averages-coiled-tight-together.14180/
3 avgs near ea other
https://usethinkscript.com/threads/scan-for-2-moving-averages-close-together.14056/
2 avgs near together


find when 2 to 5 averages are close together, within x%.
can pick a duration, how many previous bars the lines need to be close together.

default averages are EMA , 9, 21, 50, 88, 111
default x% is 0.09%

# avgs_near_ea_other_00

#https://usethinkscript.com/threads/3-moving-averages-coiled-tight-together.14180/
# 3 avgs near ea other
#https://usethinkscript.com/threads/scan-for-2-moving-averages-close-together.14056/
# 2 avgs near together

#-------------------------

def na = double.nan;
def bn = barnumber();
def lastbar = !isnan(close[0]) and isnan(close[-1]);

input duration_bars = 5;
input averages = 2;
def avgs = if averages < 2 then 2
  else if averages > 5 then 5
  else averages;

def price = close;

input ma1_len = 9;
input ma1_type =  AverageType.EXPONENTIAL;
def ma1 = MovingAverage(ma1_type, price, ma1_len);

input ma2_len = 21;
input ma2_type =  AverageType.EXPONENTIAL;
def ma2 = MovingAverage(ma2_type, price, ma2_len);

input ma3_len = 50;
input ma3_type =  AverageType.EXPONENTIAL;
def ma3 = MovingAverage(ma3_type, price, ma3_len);

input ma4_len = 88;
input ma4_type =  AverageType.EXPONENTIAL;
def ma4 = MovingAverage(ma4_type, price, ma4_len);

input ma5_len = 111;
input ma5_type =  AverageType.EXPONENTIAL;
def ma5 = MovingAverage(ma5_type, price, ma5_len);

#-----------------------

def s = 0;
def hma1 = if avgs >= 1 then ma1 else s;
def hma2 = if avgs >= 2 then ma2 else s;
def hma3 = if avgs >= 3 then ma3 else s;
def hma4 = if avgs >= 4 then ma4 else s;
def hma5 = if avgs >= 5 then ma5 else s;

def maxz = max(hma1, max(hma2, max(hma3, max(hma4, hma5))));

def b = 99999;
def lma1 = if avgs >= 1 then ma1 else b;
def lma2 = if avgs >= 2 then ma2 else b;
def lma3 = if avgs >= 3 then ma3 else b;
def lma4 = if avgs >= 4 then ma4 else b;
def lma5 = if avgs >= 5 then ma5 else b;

def minz = min(lma1, min(lma2, min(lma3, min( lma4, lma5))));

# ---------------------


def rng = maxz - minz;
def hirng = highest(rng, duration_bars);
def per = 100*hirng/minz;

input minper = 0.09;
def en = per <= minper;

input show_vertical_lines = no;
addverticalline(show_vertical_lines and en, "-", color.light_gray);

input show_cloud = yes;
def top = if en then maxz + (4 * rng) else na;
def bot = if en then minz - (4 * rng) else na;

addcloud(top, bot, color.yellow);


#------------------
input show_average_lines = yes;

plot z1 = if show_average_lines and avgs >= 1 then ma1 else na;
z1.setdefaultcolor(getcolor(1));
#z1.setlineweight(1);
z1.hidebubble();

plot z2 = if show_average_lines and avgs >= 2 then ma2 else na;
z2.setdefaultcolor(getcolor(2));
#z2.setlineweight(1);
z2.hidebubble();

plot z3 = if show_average_lines and avgs >= 3 then ma3 else na;
z3.setdefaultcolor(getcolor(2));
#z3.setlineweight(1);
z3.hidebubble();

plot z4 = if show_average_lines and avgs >= 4 then ma4 else na;
z4.setdefaultcolor(getcolor(2));
#z4.setlineweight(1);
z4.hidebubble();

plot z5 = if show_average_lines and avgs >= 5 then ma5 else na;
z5.setdefaultcolor(getcolor(2));
#z5.setlineweight(1);
z5.hidebubble();
#

4 EMA averages , 9, 21, 50, 88
all lines within 0.09%
look back at 1 bar

============================


lower / scan

# avgs_near_ea_other_00_lower


#https://usethinkscript.com/threads/3-moving-averages-coiled-tight-together.14180/
# 3 avgs near ea other
#https://usethinkscript.com/threads/scan-for-2-moving-averages-close-together.14056/#post-117502
# 2 avgs near together

#-------------------------

declare lower;

def na = double.nan;
def bn = barnumber();
def lastbar = !isnan(close[0]) and isnan(close[-1]);

input duration_bars = 2;
input averages = 3;
def avgs = if averages < 2 then 2
  else if averages > 5 then 5
  else averages;

def price = close;

input ma1_len = 9;
input ma1_type =  AverageType.EXPONENTIAL;
def ma1 = MovingAverage(ma1_type, price, ma1_len);

input ma2_len = 21;
input ma2_type =  AverageType.EXPONENTIAL;
def ma2 = MovingAverage(ma2_type, price, ma2_len);

input ma3_len = 50;
input ma3_type =  AverageType.EXPONENTIAL;
def ma3 = MovingAverage(ma3_type, price, ma3_len);

input ma4_len = 88;
input ma4_type =  AverageType.EXPONENTIAL;
def ma4 = MovingAverage(ma4_type, price, ma4_len);

input ma5_len = 111;
input ma5_type =  AverageType.EXPONENTIAL;
def ma5 = MovingAverage(ma5_type, price, ma5_len);

#-----------------------

def s = 0;
def hma1 = if avgs >= 1 then ma1 else s;
def hma2 = if avgs >= 2 then ma2 else s;
def hma3 = if avgs >= 3 then ma3 else s;
def hma4 = if avgs >= 4 then ma4 else s;
def hma5 = if avgs >= 5 then ma5 else s;

def maxz = max(hma1, max(hma2, max(hma3, max(hma4, hma5))));

def b = 99999;
def lma1 = if avgs >= 1 then ma1 else b;
def lma2 = if avgs >= 2 then ma2 else b;
def lma3 = if avgs >= 3 then ma3 else b;
def lma4 = if avgs >= 4 then ma4 else b;
def lma5 = if avgs >= 5 then ma5 else b;

def minz = min(lma1, min(lma2, min(lma3, min( lma4, lma5))));

# ---------------------

def rng = maxz - minz;
def hirng = highest(rng, duration_bars);
def per = 100*hirng/minz;

input minper = 0.09;
def en = per <= minper;

plot z = en;

#input show_vertical_lines = no;
#addverticalline(show_vertical_lines and en, "-", color.light_gray);

#input show_cloud = yes;
#def top = if en then maxz + (4 * rng) else na;
#def bot = if en then minz - (4 * rng) else na;
#addcloud(top, bot, color.yellow);

#------------------

#input show_average_lines = no;

#plot z1 = if show_average_lines and avgs >= 1 then ma1 else na;
#z1.setdefaultcolor(getcolor(1));
##z1.setlineweight(1);
#z1.hidebubble();

#plot z2 = if show_average_lines and avgs >= 2 then ma2 else na;
#z2.setdefaultcolor(getcolor(2));
##z2.setlineweight(1);
#z2.hidebubble();

#plot z3 = if show_average_lines and avgs >= 3 then ma3 else na;
#z3.setdefaultcolor(getcolor(2));
##z3.setlineweight(1);
#z3.hidebubble();

#plot z4 = if show_average_lines and avgs >= 4 then ma4 else na;
#z4.setdefaultcolor(getcolor(2));
##z4.setlineweight(1);
#z4.hidebubble();

#plot z5 = if show_average_lines and avgs >= 5 then ma5 else na;
#z5.setdefaultcolor(getcolor(2));
##z5.setlineweight(1);
#z5.hidebubble();
#

3 EMA averages , 9, 21, 50
all lines within 0.09%
look back at 2 bars

 

[Break Trader]

@halcyonguy Thank you again for the script you wrote, it took me a little time to modify it to only show 10, 20 and 50 moving averages but it seems to be returning many results that fit what im looking for, just curious, is there a way to create a watch list label that will show when those 3 moving averages are all within 0.09% of each other?
thank you again for your help

Here is the script that I modified; it would be awesome to be able to see these meeting results in a watch list.

#https://usethinkscript.com/threads/3-moving-averages-coiled-tight-together.14180/
# 3 avgs near ea other
#https://usethinkscript.com/threads/scan-for-2-moving-averages-close-together.14056/#post-117502
# 2 avgs near together

#-------------------------

declare lower;

def na = double.nan;
def bn = barnumber();
def lastbar = !isnan(close[0]) and isnan(close[-1]);

input duration_bars = 2;
input averages = 3;
def avgs = if averages < 2 then 2
  else if averages > 5 then 5
  else averages;

def price = close;

input ma1_len = 10;
input ma1_type =  AverageType.EXPONENTIAL;
def ma1 = MovingAverage(ma1_type, price, ma1_len);

input ma2_len = 20;
input ma2_type =  AverageType.EXPONENTIAL;
def ma2 = MovingAverage(ma2_type, price, ma2_len);

input ma3_len = 50;
input ma3_type =  AverageType.EXPONENTIAL;
def ma3 = MovingAverage(ma3_type, price, ma3_len);

#input ma4_len = 88;
#input ma4_type =  AverageType.EXPONENTIAL;
#def ma4 = MovingAverage(ma4_type, price, ma4_len);

#input ma5_len = 111;
#input ma5_type =  AverageType.EXPONENTIAL;
#def ma5 = MovingAverage(ma5_type, price, ma5_len);

#-----------------------

def s = 0;
def hma1 = if avgs >= 1 then ma1 else s;
def hma2 = if avgs >= 2 then ma2 else s;
def hma3 = if avgs >= 3 then ma3 else s;
#def hma4 = if avgs >= 4 then ma4 else s;
#def hma5 = if avgs >= 5 then ma5 else s;

def maxz = max(hma1, max(hma2, max(hma3, max(hma3, hma3))));

def b = 99999;
def lma1 = if avgs >= 1 then ma1 else b;
def lma2 = if avgs >= 2 then ma2 else b;
def lma3 = if avgs >= 3 then ma3 else b;
#def lma4 = if avgs >= 4 then ma4 else b;
#def lma5 = if avgs >= 5 then ma5 else b;

def minz = min(lma1, min(lma2, min(lma3, min( lma3, lma3))));

# ---------------------

def rng = maxz - minz;
def hirng = highest(rng, duration_bars);
def per = 100*hirng/minz;

input minper = 0.5;
def en = per <= minper;

plot z = en;

 

[tinxox7]

Could you add alert to this indicator?