Inverted MovAvgEnvelope

[jgj]

Hi halcyonguy,
You helped me with this script
https://usethinkscript.com/threads/inverted-ema-for-thinkorswim.10243/
and it's been working well. Thanks again.
I was wondering if you could do the same (write the script to invert moving average) on the TOS MovAvgEnvelope if you have some time.

# MovAvgEnvelope for TOS

input displace = 0;
input length = 10;
input pctAbove = 10.0;
input pctBelow = 10.0;
input priceH = close;
input priceL = close;
input averageType = AverageType.SIMPLE;

plot UpperBand = MovingAverage(averageType, priceH[-displace], length) * (1 + pctAbove / 100);
UpperBand.SetDefaultColor(GetColor(0));

plot LowerBand = MovingAverage(averageType, priceL[-displace], length) * (1 - pctBelow / 100);
lowerBand.SetDefaultColor(GetColor(0));

​

Thank you in advance.

 

[halcyonguy]

Hi halcyonguy,
You helped me with this script
https://usethinkscript.com/threads/inverted-ema-for-thinkorswim.10243/
and it's been working well. Thanks again.
I was wondering if you could do the same (write the script to invert moving average) on the TOS MovAvgEnvelope if you have some time.

# MovAvgEnvelope for TOS

input displace = 0;
input length = 10;
input pctAbove = 10.0;
input pctBelow = 10.0;
input priceH = close;
input priceL = close;
input averageType = AverageType.SIMPLE;

plot UpperBand = MovingAverage(averageType, priceH[-displace], length) * (1 + pctAbove / 100);
UpperBand.SetDefaultColor(GetColor(0));

plot LowerBand = MovingAverage(averageType, priceL[-displace], length) * (1 - pctBelow / 100);
lowerBand.SetDefaultColor(GetColor(0));

​

Thank you in advance.

i'm not quite sure what you are asking.
that study has 2 average lines, so i inverted them, flipping them about a horizontal axis in the middle of the chart.

can turn off original band lines and inverted band lines.

# average_envelope_invert

#https://usethinkscript.com/threads/inverted-movavgenvelope.15332/
#Inverted MovAvgEnvelope
# ref
# https://usethinkscript.com/threads/inverted-ema-for-thinkorswim.10243/

def na = double.nan;

#---------------------------
# MovAvgEnvelope
input displace = 0;
input length = 10;
input pctAbove = 10.0;
input pctBelow = 10.0;
input priceH = close;
input priceL = close;
input averageType = AverageType.SIMPLE;

def UpperBand = MovingAverage(averageType, priceH[-displace], length) * (1 + pctAbove / 100);
def LowerBand = MovingAverage(averageType, priceL[-displace], length) * (1 - pctBelow / 100);

input show_original_envelope_lines = yes;
plot zup = if show_original_envelope_lines then upperband else na;
plot zdwn = if show_original_envelope_lines then lowerband else na;
zup.SetDefaultColor(GetColor(0));
zdwn.SetDefaultColor(GetColor(0));

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

def h = highestall(UpperBand);
def l = lowestall(lowerband);

def upr_lowdiff = UpperBand - l;
def upr_inv = h - upr_lowdiff;

def lor_lowdiff = lowerBand - l;
def lor_inv = h - lor_lowdiff;

input show_inverted_bands = yes;
plot z1 = if show_inverted_bands then upr_inv else na;
z1.setdefaultcolor(color.yellow);
z1.SetStyle(Curve.MEDIUM_DASH);

plot z2 = if show_inverted_bands then lor_inv else na;
z2.setdefaultcolor(color.yellow);
z2.SetStyle(Curve.MEDIUM_DASH);

addlabel(1, "original", zup.TakeValueColor());
addlabel(1,"inverted", z1.TakeValueColor());
#

 

[jgj]

i'm not quite sure what you are asking.
that study has 2 average lines, so i inverted them, flipping them about a horizontal axis in the middle of the chart.

can turn off original band lines and inverted band lines.

# average_envelope_invert

#https://usethinkscript.com/threads/inverted-movavgenvelope.15332/
#Inverted MovAvgEnvelope
# ref
# https://usethinkscript.com/threads/inverted-ema-for-thinkorswim.10243/

def na = double.nan;

#---------------------------
# MovAvgEnvelope
input displace = 0;
input length = 10;
input pctAbove = 10.0;
input pctBelow = 10.0;
input priceH = close;
input priceL = close;
input averageType = AverageType.SIMPLE;

def UpperBand = MovingAverage(averageType, priceH[-displace], length) * (1 + pctAbove / 100);
def LowerBand = MovingAverage(averageType, priceL[-displace], length) * (1 - pctBelow / 100);

input show_original_envelope_lines = yes;
plot zup = if show_original_envelope_lines then upperband else na;
plot zdwn = if show_original_envelope_lines then lowerband else na;
zup.SetDefaultColor(GetColor(0));
zdwn.SetDefaultColor(GetColor(0));

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

def h = highestall(UpperBand);
def l = lowestall(lowerband);

def upr_lowdiff = UpperBand - l;
def upr_inv = h - upr_lowdiff;

def lor_lowdiff = lowerBand - l;
def lor_inv = h - lor_lowdiff;

input show_inverted_bands = yes;
plot z1 = if show_inverted_bands then upr_inv else na;
z1.setdefaultcolor(color.yellow);
z1.SetStyle(Curve.MEDIUM_DASH);

plot z2 = if show_inverted_bands then lor_inv else na;
z2.setdefaultcolor(color.yellow);
z2.SetStyle(Curve.MEDIUM_DASH);

addlabel(1, "original", zup.TakeValueColor());
addlabel(1,"inverted", z1.TakeValueColor());
#

Thanks for the quick reply. This is exactly what i need.

https://1drv.ms/i/s!AvNhOMaz7VP_icZYNYa4crdB-vhaRw?e=sptjW9

 

[halcyonguy]

Thanks for the quick reply. This is exactly what i need.

https://1drv.ms/i/s!AvNhOMaz7VP_icZYNYa4crdB-vhaRw?e=sptjW9

how to post 'links' to images
https://usethinkscript.com/threads/how-to-insert-image-in-a-post-thread.277/page-3#post-98334