Moving Average Colored EMA/SMA For ThinkOrSwim

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);

BenTen

Administrative
Staff member
Staff
VIP
Lifetime
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

mactheknife

New member
VIP
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"));
 

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