Moving Average Shift [ChartPrime] For ThinkOrSwim

rip78 · Mar 11, 2025

The paintbars that this indicator generates seem to be much better than most other studies.
Author states: Moving Average Shift [ChartPrime] indicator combines multiple moving average (MA) types with a unique MA Shift Oscillator to help traders visualize trend direction, price deviations, and mean reversion states.

⯁ HOW TO USE
Use the indicator to follow the trend based on MA direction and price relation to it.
The MA Shift Oscillator helps identify potential mean reversion points where price may revert toward the MA.
The threshold setting allows traders to filter out weak mean reversion signals and focus on significant shifts.
The four-color oscillator visually indicates trend momentum and potential trend shifts.

⯁ CONCLUSION
The Moving Average Shift [ChartPrime] indicator is a powerful tool that merges trend-following and mean reversion strategies into one comprehensive system. By allowing traders to select different types of moving averages, it provides flexibility in trend analysis while visually enhancing price action with dynamic candle coloring. The MA Shift Oscillator further strengthens decision-making by detecting deviations and highlighting potential mean reversion points.

Here is the original Tradingview code:
https://www.tradingview.com/v/aApUyBnk/

For the new ThinkOrSwim code, you must scroll down to the next post

samer800 · Mar 31, 2025

rip78 said:
I recently discovered this indicator on TV and have been using it for a few days now. The paintbars that it generates seem to be much better than most other studies. It would be great if @samer800 could convert this to Thinkscript. Thanks! https://www.tradingview.com/v/aApUyBnk/

check the below:

Upper Study:

CSS:

#// Indicator for TOS
#// © ChartPrime
#indicator("Moving Average Shift [ChartPrime]", "MA Shift [ChartPrime]", Upper Study)

#Converted by Sam4Cok@Samer800    - 03/2025
input colorBars = no;
input showCrosses = yes;
input movAvgType = AverageType.SIMPLE; # "Type"
input source = hl2;
input length = 40;
input oscLength = 15;
input oscThreshold = 0.5;

def na = Double.NaN;
def last = IsNaN(close);

#// MA
def MA = MovingAverage(movAvgType, source, length);

#// Osc
def diff = source - MA;
def perc_r = Highest(diff, 1000) * 0.99;
def osc_Val = diff / perc_r;
def osc = HullMovingAvg(osc_Val - osc_Val[oscLength], 10);
def osc_col = if osc > 0 then
              (if osc > osc[1] then 2 else 1) else (if osc < osc[1] then -2 else -1);

#/ Oscillator Plot

plot MovAvgShift = if !last then MA else na;
MovAvgShift.SetLineWeight(2);
MovAvgShift.AssignValueColor(if source > MA then Color.CYAN else
                             if source < MA then Color.MAGENTA else Color.GRAY);

#-- Signals
def sig_up = if showCrosses then (osc crosses above osc[2]) and osc[1] < -oscThreshold else na;
def sig_dn = if showCrosses then (osc crosses below osc[2]) and osc[1] > oscThreshold else na;

plot sigUp = if sig_up then low else na;
plot sigDn = if sig_dn then high else na;

sigUp.SetPaintingStrategy(PaintingStrategy.BOOLEAN_WEDGE_DOWN);
sigDn.SetPaintingStrategy(PaintingStrategy.BOOLEAN_WEDGE_UP);
sigUp.SetDefaultColor(Color.CYAN);
sigDn.SetDefaultColor(Color.MAGENTA);

#-- Bar Colors

AssignPriceColor(if !colorBars then Color.CURRENT else
                 if osc_col == 2 then Color.GREEN else
                 if osc_col == 1 then Color.DARK_GREEN else
                 if osc_col == -2 then Color.RED else
                 if osc_col == -1 then Color.DARK_RED else Color.GRAY);


#-- END of CODE

Lower Study:

CSS:

#// Indicator for TOS
#// © ChartPrime
#indicator("Moving Average Shift [ChartPrime]", "MA Shift [ChartPrime]", Lower Study)

#Converted by Sam4Cok@Samer800    - 03/2025
Declare lower;

input colorBars = no;
input showCrosses = yes;
input movAvgType = AverageType.SIMPLE; # "Type"
input source = hl2;
input length = 40;
input oscLength = 15;
input oscThreshold = 0.5;


def na = DOuble.NaN;
def last = isNaN(close);

#// MA
def MA = MovingAverage(movAvgType, source, length);

#// Osc
def diff = source - MA;
def perc_r = highest(diff, 1000) * 0.99;
def osc_Val = diff / perc_r;
def osc = HullMovingAvg(osc_Val - osc_Val[oscLength], 10);
def osc_col = if osc > 0 then
             (if osc > osc[1] then 2 else 1) else (if osc < osc[1] then -2 else -1);

#/ Oscillator Plot

plot MovAvgShift = if !last then osc else na;
plot top = if !last then oscThreshold else na;
plot bot = -top;
plot mid = if !last then 0 else na;

MovAvgShift.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
MovAvgShift.AssignValueColor(if osc_col==2 then Color.CYAN else
                             if osc_col==1 then Color.VIOLET else
                             if osc_col==-2 then Color.YELLOW else
                             if osc_col==-1 then Color.DARK_ORANGE else Color.GRAY);
mid.SetDefaultColor(Color.GRAY);
top.SetPaintingStrategy(PaintingStrategy.SQUARES);
top.AssignValueColor(if osc_col==2 then Color.GREEN else
                     if osc_col==1 then Color.DARK_GREEN else
                     if osc_col==-2 then Color.RED else
                     if osc_col==-1 then Color.DARK_RED else Color.GRAY);
bot.SetPaintingStrategy(PaintingStrategy.POINTS);
bot.AssignValueColor(if osc_col==2 then Color.GREEN else
                     if osc_col==1 then Color.DARK_GREEN else
                     if osc_col==-2 then Color.RED else
                     if osc_col==-1 then Color.DARK_RED else Color.GRAY);
#-- Signals
def sig_up = if showCrosses then (osc Crosses Above osc[2]) and osc[1] < -oscThreshold else na;
def sig_dn = if showCrosses then (osc Crosses Below osc[2]) and osc[1] > oscThreshold else na;

plot sigUp = if sig_up then osc - 0.1 else na;
plot sigDn = if sig_dn then osc + 0.1 else na;

sigUp.SetPaintingStrategy(PaintingStrategy.SQUARES);
sigDn.SetPaintingStrategy(PaintingStrategy.SQUARES);

sigUp.SetDefaultColor(Color.CYAN);
sigDn.SetDefaultColor(Color.YELLOW);

#-- Bar Colors

AssignPriceColor(if !colorBars then Color.CURRENT else
                 if osc_col==2 then Color.GREEN else
                 if osc_col==1 then Color.DARK_GREEN else
                 if osc_col==-2 then Color.RED else
                 if osc_col==-1 then Color.DARK_RED else Color.GRAY);

#-- END of CODE

rip78 · Monday at 4:23 PM

samer800 said:

check the below:

Upper Study:

CSS:

#// Indicator for TOS
#// © ChartPrime
#indicator("Moving Average Shift [ChartPrime]", "MA Shift [ChartPrime]", Upper Study)

#Converted by Sam4Cok@Samer800    - 03/2025
input colorBars = no;
input showCrosses = yes;
input movAvgType = AverageType.SIMPLE; # "Type"
input source = hl2;
input length = 40;
input oscLength = 15;
input oscThreshold = 0.5;

def na = Double.NaN;
def last = IsNaN(close);

#// MA
def MA = MovingAverage(movAvgType, source, length);

#// Osc
def diff = source - MA;
def perc_r = Highest(diff, 1000) * 0.99;
def osc_Val = diff / perc_r;
def osc = HullMovingAvg(osc_Val - osc_Val[oscLength], 10);
def osc_col = if osc > 0 then
              (if osc > osc[1] then 2 else 1) else (if osc < osc[1] then -2 else -1);

#/ Oscillator Plot

plot MovAvgShift = if !last then MA else na;
MovAvgShift.SetLineWeight(2);
MovAvgShift.AssignValueColor(if source > MA then Color.CYAN else
                             if source < MA then Color.MAGENTA else Color.GRAY);

#-- Signals
def sig_up = if showCrosses then (osc crosses above osc[2]) and osc[1] < -oscThreshold else na;
def sig_dn = if showCrosses then (osc crosses below osc[2]) and osc[1] > oscThreshold else na;

plot sigUp = if sig_up then low else na;
plot sigDn = if sig_dn then high else na;

sigUp.SetPaintingStrategy(PaintingStrategy.BOOLEAN_WEDGE_DOWN);
sigDn.SetPaintingStrategy(PaintingStrategy.BOOLEAN_WEDGE_UP);
sigUp.SetDefaultColor(Color.CYAN);
sigDn.SetDefaultColor(Color.MAGENTA);

#-- Bar Colors

AssignPriceColor(if !colorBars then Color.CURRENT else
                 if osc_col == 2 then Color.GREEN else
                 if osc_col == 1 then Color.DARK_GREEN else
                 if osc_col == -2 then Color.RED else
                 if osc_col == -1 then Color.DARK_RED else Color.GRAY);


#-- END of CODE

Lower Study:

CSS:

#// Indicator for TOS
#// © ChartPrime
#indicator("Moving Average Shift [ChartPrime]", "MA Shift [ChartPrime]", Lower Study)

#Converted by Sam4Cok@Samer800    - 03/2025
Declare lower;

input colorBars = no;
input showCrosses = yes;
input movAvgType = AverageType.SIMPLE; # "Type"
input source = hl2;
input length = 40;
input oscLength = 15;
input oscThreshold = 0.5;


def na = DOuble.NaN;
def last = isNaN(close);

#// MA
def MA = MovingAverage(movAvgType, source, length);

#// Osc
def diff = source - MA;
def perc_r = highest(diff, 1000) * 0.99;
def osc_Val = diff / perc_r;
def osc = HullMovingAvg(osc_Val - osc_Val[oscLength], 10);
def osc_col = if osc > 0 then
             (if osc > osc[1] then 2 else 1) else (if osc < osc[1] then -2 else -1);

#/ Oscillator Plot

plot MovAvgShift = if !last then osc else na;
plot top = if !last then oscThreshold else na;
plot bot = -top;
plot mid = if !last then 0 else na;

MovAvgShift.SetPaintingStrategy(PaintingStrategy.SQUARED_HISTOGRAM);
MovAvgShift.AssignValueColor(if osc_col==2 then Color.CYAN else
                             if osc_col==1 then Color.VIOLET else
                             if osc_col==-2 then Color.YELLOW else
                             if osc_col==-1 then Color.DARK_ORANGE else Color.GRAY);
mid.SetDefaultColor(Color.GRAY);
top.SetPaintingStrategy(PaintingStrategy.SQUARES);
top.AssignValueColor(if osc_col==2 then Color.GREEN else
                     if osc_col==1 then Color.DARK_GREEN else
                     if osc_col==-2 then Color.RED else
                     if osc_col==-1 then Color.DARK_RED else Color.GRAY);
bot.SetPaintingStrategy(PaintingStrategy.POINTS);
bot.AssignValueColor(if osc_col==2 then Color.GREEN else
                     if osc_col==1 then Color.DARK_GREEN else
                     if osc_col==-2 then Color.RED else
                     if osc_col==-1 then Color.DARK_RED else Color.GRAY);
#-- Signals
def sig_up = if showCrosses then (osc Crosses Above osc[2]) and osc[1] < -oscThreshold else na;
def sig_dn = if showCrosses then (osc Crosses Below osc[2]) and osc[1] > oscThreshold else na;

plot sigUp = if sig_up then osc - 0.1 else na;
plot sigDn = if sig_dn then osc + 0.1 else na;

sigUp.SetPaintingStrategy(PaintingStrategy.SQUARES);
sigDn.SetPaintingStrategy(PaintingStrategy.SQUARES);

sigUp.SetDefaultColor(Color.CYAN);
sigDn.SetDefaultColor(Color.YELLOW);

#-- Bar Colors

AssignPriceColor(if !colorBars then Color.CURRENT else
                 if osc_col==2 then Color.GREEN else
                 if osc_col==1 then Color.DARK_GREEN else
                 if osc_col==-2 then Color.RED else
                 if osc_col==-1 then Color.DARK_RED else Color.GRAY);

#-- END of CODE

Thank you @samer800. You are the best!

Thread starter	Similar threads	Forum	Replies	Date
C	Moving Average Type: Truncated Line For ThinkorSwim	Custom	0	Yesterday at 2:36 PM
T	Slope Adaptive Moving Average For ThinkOrSwim	Custom	2	Mar 15, 2025
	Moving Average Z-Score Suite [BackQuant] for ThinkOrSwim	Custom	1	Dec 16, 2024
Z	Deviation Scaled Moving Average w/ DSL For ThinkOrSwim	Custom	1	Nov 18, 2024
S	Moving Average Research Indicators For ThinkOrSwim	Custom	0	Aug 25, 2024

Moving Average Shift [ChartPrime] For ThinkOrSwim

rip78

Member

samer800

Moderator - Expert

rip78

Member

Similar threads

Not the exact question you're looking for?

Similar threads

Similar threads

The Market Trading Game Changer

Frequently Asked Questions