Moving Average Colored EMA/SMA For ThinkOrSwim

3AMBH

Active member
2019 Donor
Hi Traders, I am looking for a TOS indicator like the one found at Tradingview.com called Colored EMA/SMA. I have searched without success. Thank you in advance

Code:
//Created by Robert Nance on 072315
study(title="Moving Average Colored EMA/SMA", shorttitle="Colored EMA /SMA", overlay=true)
emaplot = input (true, title="Show EMA on chart")
len = input(8, minval=1, title="ema Length")
src = close
out = ema(src, len)
up = out > out[1]
down = out < out[1]
mycolor = up ? green : down ? red : blue
plot(out and emaplot ? out :na, title="EMA", color=mycolor, linewidth=3)


smaplot = input (false, title="Show SMA on chart")
len2 = input(8, minval=1, title="sma Length")
src2 = close
out2 = sma(src2, len2)
up2 = out2 > out2[1]
down2 = out2 < out2[1]
mycolor2 = up2 ? green : down2 ? red : blue
plot(out2 and smaplot ? out2 :na , title="SMA", color=mycolor2, linewidth=1)
 
Last edited by a moderator:
Solution
I don't have my ToS open, so here is the code for that, shared by @AlgoTrader77

Code:
plot myindicator=ExpAverage(close,20);
myindicator.SetDefaultColor(Color.White);
myindicator.AssignValueColor(if close>=myindicator then Color.Green else Color.Red);
myindicator.SetStyle(curve.LONG_DASH);
myindicator.SetPaintingStrategy(paintingstrategy.LINE_VS_SQUARES);
myindicator.SetLineWeight(5);
myindicator.setHiding(if close>open(period="DAY") then 0 else 1);
I don't have my ToS open, so here is the code for that, shared by @AlgoTrader77

Code:
plot myindicator=ExpAverage(close,20);
myindicator.SetDefaultColor(Color.White);
myindicator.AssignValueColor(if close>=myindicator then Color.Green else Color.Red);
myindicator.SetStyle(curve.LONG_DASH);
myindicator.SetPaintingStrategy(paintingstrategy.LINE_VS_SQUARES);
myindicator.SetLineWeight(5);
myindicator.setHiding(if close>open(period="DAY") then 0 else 1);
 
Solution

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Try this. I think it was posted by MerryDay

input length = 30;
input price = close;
input AverageType = {Default Simple, Exponential, Weighted, Wilders, Hull};

def average;
switch (AverageType) {
case Simple:
average = Average(price, length);
case Exponential:
average = ExpAverage(price, length);
case Weighted:
average = wma(price, length);
case Wilders:
average = WildersAverage(price, length);
case Hull:
average = HullMovingAvg(price, length);
}

plot MA = average;
MA.SetPaintingStrategy(PaintingStrategy.LINE_VS_POINTS);
MA.SetLineWeight(2);

MA.DefineColor("Up", Color.DARK_GREEN);
MA.DefineColor("Down", Color.RED);
MA.DefineColor("Flat", Color.GRAY);

MA.AssignValueColor(if MA[0] > MA[1] then MA.Color("Up") else if MA[0] <
MA[1] then MA.Color("Down") else MA.Color("Flat"));
 
Looking for a colored Ema indicator that turns green when candles are above and red when candles are below

What do you mean when candles are above / below?

The whole candle? Just the close? Any part of it crosses?

This gets really complicated really fast, so you'll need to explain what you want or you may end up with something you don't want.
 

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