Price Difference between 2 Moving Averages

[Rags]

I have two Higher Time Frame Moving Averages (8EMA on 15 minute time frame "8/15"; 21EMA on 30 minute time frame "21/30"). Is there a way to generate a lower indicator which plots the price difference between 8/15 and 21/30?

Can someone help me with the code?

Thank you.

Regards,

Subash

 

[mashume]

This should work on any time chart <= 15m:

declare lower;

def "8/15" = ExpAverage(data = CLOSE(period = AggregationPeriod.FIFTEEN_MIN), length = 8);
def "21/30" = ExpAverage(data = CLOSE(period = AggregationPeriod.THIRTY_MIN), length = 21);

plot delta = "8/15" - "21/30";
plot zero = 0;

 

[Rags]

Hi Mashume,

Sorry for the delayed response. Been out of the country travelling on business. Your code works like a charm.

Thank you

Subash