Moving Average Plots, Charts, Scans For ThinkOrSwim

[MBF]

Hi anyone and everyone,

I am getting a little confused and overwhelmed here and this has been an ongoing problem for me. I am trying to figure out which MAs are more eyeballed as entries and exits. Lately, I have been using the hourly 50 and 200 for day trading targets. I shouldn't say using, but more like experimenting. I'm having a hard time with this. I use premarket as signals with other stuff but honestly, I am trying very hard to be as simple as possible and learn without all the bells and whistles and then integrate them later on. I guess what I am trying to say is, what do you guys use when charting out lower time frames? There are so many choices, how do you know which ones are the most reliable? Is it different for each symbol? Do you look at all the MAs on the hourly and just use the ones that specific symbol seems to follow or is there a rigid set of MAs? I don't know, I think I'm overwhelmed. Any help would be greatly appreciated. I don't know if this is the right place to ask this as this might be just TOS script stuff but thought I'd give it a go.

 

[markos]

@markos ya goof!

right back at you Goofy is as goofy does!

 

[Andygray8]

Is it possible to create a scan that just says for ABC stock "The EMA value now is greater than the the EMA value 5 bars ago"?

 

[MerryDay]

@Andygray8

SimpleMovingAvg()."SMA" is greater than SimpleMovingAvg()."SMA" from 5 bars ago

 

[rip78]

EMA Study inspired by Ripster47
https://usethinkscript.com/threads/trending-chart-setup-for-thinkorswim.10833/

# EMA Cloud Study inspired by Ripster47
# Scripted by ZupDog

input price = close;
input length = 21;
input displace = 0;
input showBreakoutSignals = no;
input Label = yes;

plot AvgExp = ExpAverage(price[-displace], length);

# TD Ameritrade IP Company, Inc. (c) 2017

input price2 = close;
input length2 = 34;
input displace2 = 0;

plot AvgExp2 = ExpAverage(price2[-displace2], length2);


input price3 = close;
input length3 = 50;
input displace3 = 0;


plot AvgExp3 = ExpAverage(price3[-displace3], length3);

input price4 = close;
input length4 = 89;
input displace4 = 0;

plot AvgExp4 = ExpAverage(price4[-displace4], length4);

input price5 = close;
input length5 = 200;
input displace5 = 0;

plot AvgExp5 = ExpAverage(price5[-displace5], length5);

#AddCloud (AvgExp3, AvgExp4, Color.GREEN, Color.MAGENTA);