Paint Candle touching 500 SMA

[sreenivasaraovaka]

Hi All,
Can you please help me with code to highlight a candle where it touch 500 SMA and also UPTICK to the next candle after touch 500 SMA?

Thanks

 

[BenTen]

Here you go:

#
# TD Ameritrade IP Company, Inc. (c) 2017-2020
#

input price = close;
input length = 500;
input displace = 0;

plot SMA = Average(price[-displace], length);

AssignPriceColor(if close crosses SMA then color.white else color.current);

 

[sreenivasaraovaka]

Ben,

I am looking for a only UPTICK to the candle where candle touches 500 SMA and also uptick to the next candle after touching 500 SMA. I don't want to plot 500 SMA line.

Thanks for your help.

 

[BenTen]

Your original request was to highlight the candle that crosses the 500 SMA. Now you want to add arrows?

 

[BenTen]

If you just wanted arrows, then you don't even need a custom script. Just enable the "Show breakout signals" option in your default moving average indicator.

 

[Nick]

Hi @BenTen, i tried to use this quote and scan for the last candle that touches 50SMA, but it does not scan out the results i wanted. May i also know what is the function of displace and how to modify the plot to scan for any candles that touches the 50SMA? Thanks

 

[BenTen]

@Nick You don't need that code to scan for candle crossing the 50 SMA. All you have to do is go to the Scan tab, create a new condition, and set it up where close crosses above, crosses below, or crosses the 50 SMA.

Here is an example:

Make sure to adjust the "length" to your desired moving average length.

 

[Nick]

Ahhhh....got it...thanks alot @BenTen