SPY MA On Any Ticker Chart

[technicallydreaming]

Hopefully this makes sense. Looking to have an ema for the SPY on a chart for any other ticker, AMD for example. If candles above the SPY EMA then I am buying in alignment with overall market trend. Would be better for me then checking separate chart for spy as I have limited screen space. I have tried the comparison feature in the software, which puts two charts together but its cluttered looking.

 

[BenTen]

There will have scaling issue if the stock you're looking at is not around the same price level as SPY.

#
# EMA of SPY on Any Chart
# Assembled by BenTen at useThinkScript.com
#


def spy_price = close("SPY");
input length = 9;
input displace = 0;

plot AvgExp = ExpAverage(spy_price[-displace], length);
AvgExp.SetDefaultColor(GetColor(1));

 

[Bung Bang]

Hi Ben, I have been thinking along the same line as TechnicallyDreaming but not on a chart; I want to have Scan codes to find Nasdaq stocks that are in divergence against SPY trend, something like the last 5 bars (agg=5 minutes) trending up in these stocks but SPY is trending down. Would you be able to help with these Scan codes ?

 

[pegasis]

how about an alert or when SPY price/close goes below 200 SMA?

 

[MerryDay]

Here is the script:

#
# MA of SPY on Any Chart
# Assembled by BenTen at useThinkScript.com
#

def spy_price = close("SPY");
input length = 200;
input displace = 0;

plot AvgExp = simpleMovingAvg(spy_price[-displace], length);
     AvgExp.SetDefaultColor(GetColor(1));

# Alert
Alert(close crosses below avgExp, "SPY crossed under", Alert.Bar, Sound.Chimes);