#macd_ema_signals
#https://usethinkscript.com/threads/price-hit-ema-20-and-macd-crossover-average.16575/
#Price hit EMA 20 and MACD crossover average
#tinxox7 Sep 19, 2023
#Someone help me with the script like this :
#Price is greater than or equal to EMA 20 and MACD cross above Average
#Price is less than or equal to EMA 20 and MACD cross below Average
#I would like to get arrow signal on the upper chart
#declare lower;
def na = Double.NaN;
def bn = BarNumber();
def data = close;
input avg1_type = AverageType.exponential;
#input avg1_type = AverageType.Simple;
input avg1_length = 20;
def avg1 = MovingAverage(avg1_type, data, avg1_length );
input show_average_lines = yes;
plot zavg1 = if show_average_lines then avg1 else na;
#-------------------------
# macd
# TD Ameritrade IP Company, Inc. (c) 2007-2023
input fastLength = 12;
input slowLength = 26;
input MACDLength = 9;
input averageType = AverageType.EXPONENTIAL;
input showBreakoutSignals = no;
def Value = MovingAverage(averageType, close, fastLength) - MovingAverage(averageType, close, slowLength);
def Avg = MovingAverage(averageType, Value, MACDLength);
def Diff = Value - Avg;
def ZeroLine = 0;
#----------------------
def Upx = (close > avg1 and value crosses above avg);
def Downx = (close < avg1 and value crosses below avg);
#----------------------
input show_arrows = yes;
input v1 = 0.002;
plot zup = if upx then low * ( 1-v1) else na;
zup.SetPaintingStrategy(PaintingStrategy.ARROW_UP);
zup.SetDefaultColor(Color.GREEN);
zup.SetLineWeight(3);
zup.HideBubble();
plot zdwn = if downx then high * ( 1+v1) else na;
zdwn.SetPaintingStrategy(PaintingStrategy.ARROW_DOWN);
zdwn.SetDefaultColor(Color.RED);
zdwn.SetLineWeight(1);
zdwn.HideBubble();
#
