Help understanding "Price" Crossing Moving Average

[twistedchuck]

Hello...

I am trying to set up a daily EMA cross over scan on TOS.. Can someone explain the price part of the study when setting filter?

I want the scan to pick up the cross over regardless in realtime, and I am assuming the price condition being open or close will alert me once the candle (D) opens or closes during a cross which will be too late.

 

[MerryDay]

Hello...

I am trying to set up a daily EMA cross over scan on TOS.. Can someone explain the price part of the study when setting filter?

I want the scan to pick up the cross over regardless in realtime, and I am assuming the price condition being open or close will alert me once the candle (D) opens or closes during a cross which will be too late.

Yes, you would need to choose which part of the candle you want the moving average to cross:
open, close, high, low, hl2, hlc3, ohlc4, are just a few of your choices.

It should be noted that moving average cross over "price" is not considered efficient.
The use of a short ema crossing the longer ema better encompasses the moving average crossover purpose.
It will provide results regardless of what part of the candle the moving average crosses.

Here is the two moving average cross. Compare it to your price cross and see what works best for your purposes.

 

[twistedchuck]

Yes, you would need to choose which part of the candle you want the moving average to cross:
open, close, high, low, hl2, hlc3, ohlc4, are just a few of your choices.

It should be noted that moving average cross over "price" is not considered efficient.
The use of a short ema crossing the longer ema better encompasses the moving average crossover purpose.
It will provide results regardless of what part of the candle the moving average crosses.

Here is the two moving average cross. Compare it to your price cross and see what works best for your purposes.

Thank you, this worked!

Now I am looking for a code for the same thing but for simple moving average cross.. I just can't figure out what the equivalent to "AvgExp" for a simple moving avg as shown in the script you shared.

 

[halcyonguy]

Thank you, this worked!

Now I am looking for a code for the same thing but for simple moving average cross.. I just can't figure out what the equivalent to "AvgExp" for a simple moving avg as shown in the script you shared.

read the manual , and look up functions.
this is the one i use, because it can be set to several average types.
https://toslc.thinkorswim.com/center/reference/thinkScript/Functions/Tech-Analysis/MovingAverage

 

[twistedchuck]

Thanks Halcyonguy , but I am looking for the exact script Merry shared but for the SMA. I need to be alerted in real time of the cross, and not at price open, close, etc..

The issue is that it is asking me to put a function for value, and I need it in real time, like Merry's original script she shared.

MovAvgExponential(length = 9). AvgExp crosses above MovAvgExponential(length = 21). AvgExp
So this , but for SMA.

Can anyone help?

 

[MerryDay]

Thanks Halcyonguy , but I am looking for the exact script Merry shared but for the SMA. I need to be alerted in real time of the cross, and not at price open, close, etc..

The issue is that it is asking me to put a function for value, and I need it in real time, like Merry's original script she shared.

MovAvgExponential(length = 9). AvgExp crosses above MovAvgExponential(length = 21). AvgExp
So this , but for SMA.

Can anyone help?

Here ya go:

SimpleMovingAvg("length" = 3)."SMA" crosses above SimpleMovingAvg("length" = 21)."SMA"