price cross 150ma -- moving to 200 ma

[anasmatar]

Hi
Appreciate your help to code a scan for stocks in a watchlist with price crossing rapidly the 150 SMA and moving toward the 200 SMA
Also, to create a watchlist column that shows the value of the 200 SMA daily
many thanks!

 

[halcyonguy]

Hi
Appreciate your help to code a scan for stocks in a watchlist with price crossing rapidly the 150 SMA and moving toward the 200 SMA
Also, to create a watchlist column that shows the value of the 200 SMA daily
many thanks!

'crossing rapidly' has no meaning. 2 things either cross or they don't. what are you really asking for?

part of this study could be used to determine if 2 lines are getting closer (has a positive output)
https://usethinkscript.com/threads/future-averages-crosses-for-thinkorswim.19339/

 

[anasmatar]

Thanks Halcyonguy - sorry for the unclear request.
What i meant is, is there a way to show that the market price getting closer to hit the 200 day moving average in percentage. Hope this is clear?
The purpose is just to prepare me for adding the stocks i like and place cash secure puts when the IV is high while watching it goes down to my price ..

 

[halcyonguy]

Thanks Halcyonguy - sorry for the unclear request.
What i meant is, is there a way to show that the market price getting closer to hit the 200 day moving average in percentage. Hope this is clear?
The purpose is just to prepare me for adding the stocks i like and place cash secure puts when the IV is high while watching it goes down to my price ..

here is something to experiment with
i just tested it as a lower study

it looks for close crossing the 150 average and a price average change > 0.18 %

# sma200_approach_lower
#https://usethinkscript.com/threads/price-cross-150ma-moving-to-200-ma.19236/
#price cross 150ma -- moving to 200 ma

declare lower;

def na = double.nan;
def bn = barnumber();
def data = close;
def up = close > open;
def dwn = close < open;

input avg1_type = AverageType.Simple;
input avg1_length = 150;
def avg1 = MovingAverage(avg1_type, data, avg1_length );

input avg2_type = AverageType.Simple;
input avg2_length = 200;
def avg2 = MovingAverage(avg2_type, data, avg2_length );


def xup = avg1 crosses above avg2;
def xdwn = avg1 crosses below avg2;

def pr_xup150 = close crosses above avg1;
def pr_xdwn150 = close crosses below avg1;

def x = pr_xup150 or pr_xdwn150;


# price chg
def avg3_type = AverageType.exponential;
def avg3_length = 5;
def avg3 = MovingAverage(avg3_type, data, avg3_length );
#plot z = avg3;
def t = 2;
def chgper = round(100 * (avg3 - avg3[t])/avg3[t],2);

# min chg %
def minper = 0.18;
def triggerup = chgper > minper and pr_xup150;

plot z = triggerup;
#

---------------------------


this is the upper study i used for testing

# sma200_approach_upper
#https://usethinkscript.com/threads/price-cross-150ma-moving-to-200-ma.19236/
#price cross 150ma -- moving to 200 ma

#declare lower;

def na = double.nan;
def bn = barnumber();
def data = close;
def up = close > open;
def dwn = close < open;

input avg1_type = AverageType.Simple;
input avg1_length = 150;
def avg1 = MovingAverage(avg1_type, data, avg1_length );

input avg2_type = AverageType.Simple;
input avg2_length = 200;
def avg2 = MovingAverage(avg2_type, data, avg2_length );


def xup = avg1 crosses above avg2;
def xdwn = avg1 crosses below avg2;

def pr_xup150 = close crosses above avg1;
def pr_xdwn150 = close crosses below avg1;

def x = pr_xup150 or pr_xdwn150;


# price chg
def avg3_type = AverageType.exponential;
def avg3_length = 5;
def avg3 = MovingAverage(avg3_type, data, avg3_length );
#plot z = avg3;
def t = 2;
def chgper = round(100 * (avg3 - avg3[t])/avg3[t],2);

# min chg %
def minper = 0.18;
def triggerup = chgper > minper and pr_xup150;

#plot z = triggerup;


#----------------------------------

# chart version

input show_arrow = yes;
plot zup = if show_arrow and triggerup then low else na;
zup.SetPaintingStrategy(PaintingStrategy.ARROW_UP);
zup.SetDefaultColor(Color.cyan);
zup.setlineweight(3);
zup.hidebubble();


input test_bubble = yes;
addchartbubble(test_bubble,low*0.998,
chgper
, (if triggerup then color.yellow else color.gray), no);


input show_avg1_line = yes;
input show_avg2_line = yes;
plot zavg1 = if show_avg1_line then avg1 else na;
plot zavg2 = if show_avg2_line then avg2 else na;
zavg1.SetDefaultColor(Color.cyan);
zavg1.setlineweight(1);
zavg1.hidebubble();
zavg2.SetDefaultColor(Color.yellow);
zavg2.setlineweight(1);
zavg2.hidebubble();

addlabel(show_avg1_line, "MA"+avg1_length , zavg1.takeValueColor());
addlabel(show_avg2_line, "MA"+avg2_length , zavg2.takeValueColor());
#