MACD Multi-MA For ThinkOrSwim

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Hi @ykd2018x

thanks for sharing - looked interesting, here is an initial port and my interpretation of it, all, please feel free to tweak and make adjustments.




#MACD Multi-MA for ThinkorSwim V1.0
# Craig_Claussen
# 2019.12.05 1.0 @diazlaz - Initial Port

# This script applies the average of each major MA ( SMA , RMA, EMA , WVMA, WMA )
# to the MACD formula
# Add to upper and lower study
# Set upper = showArrows = yes; ColorBars = yes; showPlots = no;
# Set lower = showArrows = no; ColorBars = no; showPlots = yes;

input src = close;
input len1 = 8; #Fast Lookback
input len2 = 144; #Slow Lookback
input showPlots = yes; #show MA plots (lower study)
input showArrows = no; #show Arrows (upper study)
input showColorBars = no; #show color bars (optional upper study)

def length = len2-len1;
def ma = sum(src * volume, length) / sum(volume,length);

def length1 = len2-len1;
def ma1 = MovingAverage(AverageType.WEIGHTED, src, length1);

def length2 = len2-len1;
def ma2 = Average(src, length2);

def length3 = len2-len1;
def ma3 = wma(src, length3);

def length4 = len2-len1;
def ma4 = ExpAverage(src, length4);

def long = ma > ma[1] and ma1 > ma1[1] and ma2 > ma2[1] and ma3 > ma3[1] and ma4 > ma4[1];
def short = ma < ma[1] and ma1 < ma1[1] and ma2 < ma2[1] and ma3 < ma3[1] and ma4 < ma4[1];
def sState = if long then 100 else if short then -100 else sState[1];

plot pMA1 = ma1;
plot pMA2 = ma2;
plot pMA3 = ma3;
plot pMA4 = ma4;

plot pUP = sState crosses above 0;

plot pDown = sState crosses below 0;

AssignPriceColor(if showColorBars then
if sState > 0 then Color.GREEN
  else Color.RED

#END OF MACD Multi-MA for ThinkorSwim V1.0

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