If you are asking does the ToS platform allow you to add the same study 5x to a chart, the answer is yes.
input Period = aggregationPeriod.DAY;
input AvgType = averageType.EXPONENTIAL;
input Length = 8;
input priceclose = close;
plot AVG = MovingAverage(AvgType, close(period = Period), Length);
AVG.setdefaultcolor(color.yellow);
input TimeFrame2 = {default day, week, month};
def lastBar = !IsNaN(close) && IsNaN(close[-1]);
def beyondLastBar = IsNaN(close[-1]) and IsNaN(close);
def PrevDayClose = if !beyondLastBar then Highest(close(period = TimeFrame2), 1)[1] else PrevDayClose[1];
def closeSource = if (lastBar and beyondLastBar) then closeSource[1] else PrevDayClose;
def PrevDayOpen = if !beyondLastBar then Highest(open(period = TimeFrame2), 1)[1] else PrevDayOpen[1];
def openSource = if (lastBar and beyondLastBar) then openSource[1] else PrevDayOpen;
def lastClose = if lastBar then close else lastClose[1];
def Last_Price = if IsNaN(close[-0 - 1]) then lastClose[-0] else Double.NaN;
plot ArrowDn = if last_price >= (AVG - (AVG*0.005))
then low
else double.nan;
ArrowDn.SetDefaultColor(Color.Black);
plot ArrowUp = if last_price <= (AVG + (AVG*0.005))
then high
else double.nan;
ArrowUp.SetDefaultColor(Color.Black);
Alert(ArrowUp, " ", Alert.Bar, sound.Ding);
Alert(ArrowDN, " ", Alert.Bar, sound.Ding);
Ruby:input Period = AggregationPeriod.DAY; input AvgType = AverageType.EXPONENTIAL; input Length = 8; input priceclose = close; plot AVG = MovingAverage(AvgType, close(period = Period), Length); AVG.SetDefaultColor(Color.YELLOW); input TimeFrame2 = {default day, week, month}; def lastBar = !IsNaN(close) && IsNaN(close[-1]); def beyondLastBar = IsNaN(close[-1]) and IsNaN(close); def PrevDayClose = if !beyondLastBar then Highest(close(period = TimeFrame2), 1)[1] else PrevDayClose[1]; def closeSource = if (lastBar and beyondLastBar) then closeSource[1] else PrevDayClose; def PrevDayOpen = if !beyondLastBar then Highest(open(period = TimeFrame2), 1)[1] else PrevDayOpen[1]; def openSource = if (lastBar and beyondLastBar) then openSource[1] else PrevDayOpen; def lastClose = if lastBar then close else lastClose[1]; def Last_Price = if IsNaN(close[-0 - 1]) then lastClose[-0] else Double.NaN; plot ArrowDn = if Between(Last_Price, AVG - (AVG * 0.005), AVG) then low else Double.NaN; ArrowDn.SetDefaultColor(Color.BLACK); plot ArrowUp = if Between(Last_Price, AVG, AVG + (AVG * 0.005)) then high else Double.NaN; ArrowUp.SetDefaultColor(Color.BLACK); Alert(ArrowUp, " ", Alert.BAR, Sound.Ding); Alert(ArrowDn, " ", Alert.BAR, Sound.Ding); input debug = yes; plot adn = if !debug then double.nan else AVG - (AVG * 0.005); AddLabel(debug, close + " " + (AVG + (AVG * 0.005)) + " " + AVG); plot aup = if !debug then double.nan else AVG + (AVG * 0.005); AddLabel(debug, close + " " + AVG + " " + (AVG + (AVG * 0.005))); addcloud(if !debug then double.nan else aup,adn,color.lighT_GRAY,color.lighT_GRAY);
Thank you so much for this! I'm wondering if you have any insights on this follow-up question:
input price = AverageType.EXPONENTIAL;
input aggregationPeriod = AggregationPeriod.DAY;
input length = 8;
input displace = 0;
input showOnlyLastPeriod = no;
plot DailyEMA;
if showOnlyLastPeriod and !IsNaN(close(period = aggregationPeriod)[-1]) {
DailyEMA = Double.NaN;
} else {
DailyEMA = Average(fundamental(price, period = aggregationPeriod)[-displace], length);
}
Ruby:input agg = AggregationPeriod.DAY; input length1 = 13; input length2 = 13; input length3 = 50; input length4 = 200; input displace = 0; #EMA LABEL 1 def EMA1 = ExpAverage(close(period = agg)[-displace], length1); def EMA2 = ExpAverage(close(period = agg)[-displace], length2); #SMA LABEL 1 def SMA1 = Average(close(period = agg), length3); def SMA2 = Average(close(period = agg), length4); AddLabel(SMA1, length3 + “SMA: ” + Average(close(period = agg), length3) , (if SMA1 < close(period = agg) then Color.WHITE else Color.RED)); #SMA LABEL 2 AddLabel(SMA2, length4 + “SMA: ” + Average(close(period = agg), length4) , (if SMA2 < close(period = agg) then Color.YELLOW else Color.RED)); #EMA LABEL 2 AddLabel(EMA2, length1 + “EMA: ” + ExpAverage(close(period = agg), length1), (if EMA2 < close(period = agg) then Color.DARK_RED else Color.RED));
Hey Ben,If you want to display moving averages from higher timeframe such as the hourly or daily on your lower timeframe chart, this indicator will help you do that. It basically displays higher timeframe moving averages on your 5m, 15m, or 30m chart. Anything with a higher timeframe moving average will work.
Here I have the 20 Daily Exponential Moving Average on my 15 minute chart.
You have the option between EMA, SMA (simple moving average), Hull, Weighted, and Wilders.
thinkScript Code
Rich (BB code):# MTF Moving Average input Period = aggregationPeriod.HOUR; input AvgType = averageType.SIMPLE; input Length = 50; input priceclose = close; plot AVG = MovingAverage(AvgType, close(period = Period), Length); AVG.setdefaultcolor(color.yellow);
Shareable Link
https://tos.mx/5BpIqL
I'm unable to locate the original developer of this indicator. If you know who made this, please let me know.
Video Tutorial
Input or define a LENGTH, and add the period to the close
hey Horserider, still having issues getting this one to work..
@surya thanks for the labels. Instead of having the EMA labels based on the current price. Is it possible to have the EMA values taken from higher timeframes. Example if price is above 21 EMA in 3 or 5 min chart while my current chart is on either 1min or 1000 Tick chart?.
The ToS platform does not support the use of multiple timeframes in Scans, Watchlists, Chart Alerts, Conditional Orders or Tick charts.
There are 26 fifteen min candles in a trading day, X 21 days so when the close of the fifteen Min bar crosses above a 546 SMA will give you the answer
@horserider is there a way to color the bars on the smaller time frame as they cross above and below the mtf moving avg ? thank you
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