MTF Average Daily Close Line

[impacttradingmo]

Does anyone have a script that will plot a straight line on a daily chart for the average daily closing price for a period of 30, 60, or 90 candles?

 

[BenTen]

That's what the simple moving average indicator can do. Just change the length to 30, 60, or 90 and view it on the Daily chart.

 

[SleepyZ]

That's what the simple moving average indicator can do. Just change the length to 30, 60, or 90 and view it on the Daily chart.

Here is an easy way to use Ben's solution to be shown as horizontal lines using the script function

#
# Charles Schwab & Co. (c) 2011-2024
#

script avg {
input price = FundamentalType.CLOSE;
input aggregationPeriod = AggregationPeriod.DAY;
input length = 9;
input displace = 0;
input showOnlyLastPeriod = no;

plot DailySMA;

if showOnlyLastPeriod and !IsNaN(close(period = aggregationPeriod)[-1]) {
    DailySMA = Double.NaN;
} else {
    DailySMA = Average(fundamental(price, period = aggregationPeriod)[-displace], length);
}

DailySMA.SetDefaultColor(GetColor(1));
DailySMA.SetPaintingStrategy(PaintingStrategy.HORIZONTAL);
}
plot x1 = highestall(avg(length=30));
plot x2 = highestall(avg(length=60));
plot x3 = highestall(avg(length=90));
#