Stacked Moving Averages For ThinkOrSwim

Haulin81 said:
Hello. I tried out the DailySMA but I need the EMA. Is there a study out there for this already? if not, should i attempt to modify the DailySMA script to be the DailyEMA? I have never written a script but I'm willing to learn. Would it be easier to modify or start from scratch?

The end goal: Daily: 20 EMA, 100 SMA & 200 SMA all plotted on my 1min, 5min & tick charts. I assume I can use/apply 2 different scripts to my charts. One being the DailySMA currently found in the studies and the other the "DailyEMA" if i can find one.

Thank You, John.
Click to expand...
I moved your post here. You will find 5 pages discussing your query.
 

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Hey everyone,

Trying to build a scan for stocks that are between 0.5%-4% above the from the 8EMA. I created this script, but I am bit confused on how to plot. I provided some context below to see if it can be of some help. The goal is to see if the stock is trending with 8 & 21 EMA(the closer the better). Trying to post a picture, but it is not letting me.

Thanks in advance!!

def p = absvalue((close-movAvgExponential(close, 8))/movavgExponential(close, 8));
@BenTen tried creating this script, but might be off here. Let me know if I am on the right track. Thanks
 
Last edited by a moderator:
Scan For Stacked Moving Averages Within x% of Close
This might resemble a member's request. I am not sure of it's value. Take it for a test ride and lets us know if it is useful.
Shared Chart Link: http://tos.mx/5HUgXnQ Click here for --> Easiest way to load shared links
5E7wPuJ.png

Shared Scanner Link: http://tos.mx/64MByE0
ixAMrWM.png

Script:
Ruby: 
#Stacked MA scan
input diff = .004 ;
input length1 = 8;
input length2 = 21;
def avg1 = movAvgExponential(close, length1);
def avg2 = movAvgExponential(close, length2);
def stacked = avg1 >= avg2 ;
def pct1 = (close/avg1) - 1;
def pct2 = (close/avg2) - 1;

AssignPriceColor(
if stacked and between(pct1, -diff, diff) and between(pct2, -diff, diff) then color.violet else color.light_gray);

plot scan = stacked and between(pct1, -diff, diff) and between(pct2, -diff, diff) ;


Stevengo said:
@BenTen tried creating this script, but might be off here. Let me know if I am on the right track. Thanks
Click to expand...
I actually have no idea of what you are asking but I took all the variables that you mentioned and put them in a script. Now that they are defined you can modify them as you wish.
 
Last edited:
rad14733 said:
@Partner I think you'll find that if you are going to get a big move that the averages will be properly stacked in order... I have been running an EMA Stack for a week or two and virtually all major moves have stacked MA's... Let's not complicate things needlessly...

Here is my EMA_Stack... Watch it and see if it will get you most of the way to where you want to be... The only thing I want to add is to know when the averages are squeezed/converged but I'm running my TTM_Squeeze_Clouds for that presently...

Ruby: 
def stackedUp = MovAvgExponential("length" = 8)."AvgExp" is greater than MovAvgExponential("length" = 21)."AvgExp"
and MovAvgExponential("length" = 21)."AvgExp" is greater than MovAvgExponential("length" = 34)."AvgExp"
and MovAvgExponential("length" = 34)."AvgExp" is greater than MovAvgExponential("length" = 55)."AvgExp"
and MovAvgExponential("length" = 55)."AvgExp" is greater than MovAvgExponential("length" = 89)."AvgExp";


def stackedDn = MovAvgExponential("length" = 8)."AvgExp" is less than MovAvgExponential("length" = 21)."AvgExp"
and MovAvgExponential("length" = 21)."AvgExp" is less than MovAvgExponential("length" = 34)."AvgExp"
and MovAvgExponential("length" = 34)."AvgExp" is less than MovAvgExponential("length" = 55)."AvgExp"
and MovAvgExponential("length" = 55)."AvgExp" is less than MovAvgExponential("length" = 89)."AvgExp";


AddLabel(yes, " Stacked ", if stackedUp then Color.GREEN else if stackedDn then Color.RED else Color.GRAY);

8|21|34|55|89 EMA Stack

ReGNbia.jpg
Click to expand...
I might have set something wrong, but these dont look stacked to me.

https://imgur.com/a/VmDeAOC
 
bigverm23 said:
I might have set something wrong, but these dont look stacked to me.

https://imgur.com/a/VmDeAOC
Click to expand...
They are 'stacked' by the definition of the script. The script does not call for ALL ema to be greater. Just that immediate preceding one is greater. BTW, this is the industry standard definition of stacked.

You would need to add the additional dozen lines of statements for each ema to be greater than each of ALL the other EMAs.
 
MerryDay said:
They are 'stacked' by the definition of the script. The script does not call for ALL ema to be greater. Just that immediate preceding one is greater. BTW, this is the industry standard definition of stacked.

You would need to add the additional dozen lines of statements for each ema to be greater than each of ALL the other EMAs.
Click to expand...
I have the staked ema label is there a war to aggregate the to show ema stacked on just the weekly time frame?
 
rad14733 said:
Here is my actual Watchlist Column code... It's almost identical to the code above... I just use colors without text because I need the screen real estate for other things... Green = StackedUp, Red = StackedDown, Gray = NotStacked...

Ruby: 
#EMA_Stack
#Used to indicate that 8, 21, 34, 55, 89  EMA's are ALL stacked trend-wise
#Created by rad14733 for usethinkscript.com
#v1.0 2021-01-02

def stackedUp = MovAvgExponential("length" = 8)."AvgExp" is greater than MovAvgExponential("length" = 21)."AvgExp"
and MovAvgExponential("length" = 21)."AvgExp" is greater than MovAvgExponential("length" = 34)."AvgExp"
and MovAvgExponential("length" = 34)."AvgExp" is greater than MovAvgExponential("length" = 55)."AvgExp"
and MovAvgExponential("length" = 55)."AvgExp" is greater than MovAvgExponential("length" = 89)."AvgExp";


def stackedDn = MovAvgExponential("length" = 8)."AvgExp is less than MovAvgExponential("length" = 21)."AvgExp"
and MovAvgExponential("length" = 21)."AvgExp" is less than MovAvgExponential("length" = 34)."AvgExp"
and MovAvgExponential("length" = 34)."AvgExp" is less than MovAvgExponential("length" = 55)."AvgExp"
and MovAvgExponential("length" = 55)."AvgExp" is less than MovAvgExponential("length" = 89)."AvgExp";

def state = if stackedUp then 1 else if stackedDn then -1 else 0;

AddLabel(yes, state, if stackedUp then Color.DARK_GREEN else if stackedDn then Color.DARK_RED else Color.DARK_GRAY);

AssignBackgroundColor(if stackedUp then Color.DARK_GREEN else if stackedDn then Color.DARK_RED else Color.DARK_GRAY);
Click to expand...
On line 12 there is a " missing.
def stackedDn = MovAvgExponential("length" = 8)."AvgExp is less than MovAvgExponential("length" = 21)."AvgExp"
Should be:
def stackedDn = MovAvgExponential("length" = 8)."AvgExp" is less than MovAvgExponential("length" = 21)."AvgExp"
 
trying to get the addcloud function to plot cloud inside the ema's any help? thank you


input price = close;
input length1 = 8;
input length2 = 21;
input length3 = 34;
input length4 = 55;
input length5 = 89;
input displace = 0;
input showBreakoutSignals = no;

plot EMA8 = ExpAverage(price[-displace], length1);
plot EMA21 = ExpAverage(price[-displace], length2);
plot EMA34 = ExpAverage(price[-displace], length3);
plot EMA55 = ExpAverage(price[-displace], length4);
plot EMA89 = ExpAverage(price[-displace], length5);

EMA8.SetDefaultColor(GetColor(9));
EMA21.SetDefaultColor(GetColor(9));
EMA34.SetDefaultColor(GetColor(9));
EMA55.SetDefaultColor(GetColor(9));
EMA89.SetDefaultColor(GetColor(9));

EMA8.hide();
EMA34.hide();
EMA55.hide();
EMA89.hide();

#stacked EMA's


def trend = (if (EMA8 > EMA21 and EMA21 > EMA34 and EMA34 > EMA55 and EMA55 > EMA89) then 1 else
if (EMA8 < EMA21 and EMA21 < EMA34 and EMA34 < EMA55 and EMA55 < EMA89) then 3 else 0);

EMA8.AssignValueColor (if trend == 3 then color.red else if trend == 1 then color.green else color.current);
EMA21.AssignValueColor (if trend == 3 then color.red else if trend == 1 then color.green else color.yellow);
EMA34.AssignValueColor (if trend == 3 then color.red else if trend == 1 then color.green else color.current);
EMA55.AssignValueColor (if trend == 3 then color.red else if trend == 1 then color.green else color.current);
EMA89.AssignValueColor (if trend == 3 then color.red else if trend == 1 then color.green else color.current);


AddCloud( (EMA8 > EMA21 and EMA21 > EMA34 and EMA34 > EMA55 and EMA55 > EMA89), EMA8 < EMA21 and EMA21 < EMA34 and EMA34 < EMA55 and EMA55 < EMA89, Color.GREEN, Color.RED);
Click to expand...
 
Last edited by a moderator:
Piper2808t said:
trying to get the addcloud function to plot cloud inside the ema's any help? thank you
Click to expand...

Maybe this is what you are looking for. I was just editing a code I found to do the same thing, and stumbled upon your post.

mp6OEq1.png


Code: 
input price = close;
input length1 = 8;
input length2 = 21;
input length3 = 34;
input length4 = 55;
input length5 = 89;
input displace = 0;
input showBreakoutSignals = no;

plot EMA8 = ExpAverage(price[-displace], length1);
plot EMA21 = ExpAverage(price[-displace], length2);
plot EMA34 = ExpAverage(price[-displace], length3);
plot EMA55 = ExpAverage(price[-displace], length4);
plot EMA89 = ExpAverage(price[-displace], length5);

EMA8.SetDefaultColor(GetColor(9));
EMA21.SetDefaultColor(GetColor(9));
EMA34.SetDefaultColor(GetColor(9));
EMA55.SetDefaultColor(GetColor(9));
EMA89.SetDefaultColor(GetColor(9));

EMA8.hide();
EMA34.hide();
EMA55.hide();
EMA89.hide();

#stacked EMA's


def trend = (if (EMA8 > EMA21 and EMA21 > EMA34 and EMA34 > EMA55 and EMA55 > EMA89) then 1 else
if (EMA8 < EMA21 and EMA21 < EMA34 and EMA34 < EMA55 and EMA55 < EMA89) then 3 else 0);

EMA8.AssignValueColor (if trend == 3 then color.red else if trend == 1 then color.green else color.current);
EMA21.AssignValueColor (if trend == 3 then color.red else if trend == 1 then color.green else color.yellow);
EMA34.AssignValueColor (if trend == 3 then color.red else if trend == 1 then color.green else color.current);
EMA55.AssignValueColor (if trend == 3 then color.red else if trend == 1 then color.green else color.current);
EMA89.AssignValueColor (if trend == 3 then color.red else if trend == 1 then color.green else color.current);

AddCloud( EMA8, EMA21, Color.Green, Color.Red );
AddCloud( EMA21, EMA34, Color.Green, Color.Red );
AddCloud( EMA34, EMA55, Color.Green, Color.Red );
AddCloud( EMA55, EMA89, Color.Green, Color.red );
 
Last edited by a moderator:
MerryDay said:
Scan For Stacked Moving Averages Within x% of Close
This might resemble a member's request. I am not sure of it's value. Take it for a test ride and lets us know if it is useful.
Shared Chart Link: http://tos.mx/5HUgXnQ Click here for --> Easiest way to load shared links
5E7wPuJ.png

Shared Scanner Link: http://tos.mx/64MByE0
ixAMrWM.png

Script:
Ruby: 
#Stacked MA scan
input diff = .004 ;
input length1 = 8;
input length2 = 21;
def avg1 = movAvgExponential(close, length1);
def avg2 = movAvgExponential(close, length2);
def stacked = avg1 >= avg2 ;
def pct1 = (close/avg1) - 1;
def pct2 = (close/avg2) - 1;

AssignPriceColor(
if stacked and between(pct1, -diff, diff) and between(pct2, -diff, diff) then color.violet else color.light_gray);

plot scan = stacked and between(pct1, -diff, diff) and between(pct2, -diff, diff) ;



I actually have no idea of what you are asking but I took all the variables that you mentioned and put them in a script. Now that they are defined you can modify them as you wish.
Click to expand...
Thank you and it is really helpful. meantime, I am trying to make the code work for 3 EMAs. 9, 21 &50. When they are very close to each other then they usually explode when crossover happens. This could happen in either direction. Can you help me with scan please? Thanks in advance.
 
CodeBee said:
Thank you and it is really helpful. meantime, I am trying to make the code work for 3 EMAs. 9, 21 &50. When they are very close to each other then they usually explode when crossover happens. This could happen in either direction. Can you help me with scan please? Thanks in advance.
Click to expand...
Sorry, can't help.
ThinkScript requires that you define "very close to each other" in mathematical terms.
 
DefineGlobalColor("StackedPositive", Color.GREEN);
DefineGlobalColor("StackedNegative", Color.RED);
DefineGlobalColor("Warning", Color.LIGHT_ORANGE);

def SP = ema8 > ema34 and ema34 > EMA144;
def SN = ema8 < ema34 and ema34 < EMA144;
def SPW = ema8 < ema34 and ema34 > EMA144 ;
def SNW = ema8 > ema34 and ema34 < EMA144;

[{if
AddLabel (yes,("BUY"), if SP then GlobalColor("StackedPositive") else if SN then GlobalColor("StackedNegative");}
{else if
AddLabel (yes,("SELL"), SN then GlobalColor("StackedNegative") else if SP then GlobalColor("StackedPositive"));
{then} =
addLabel (yes, ("Warning") if (SPW or SNW) then GlobalColor("Warning"));]

Trying to make a label that changes on the top of my screen if the emas cross in a the above ways but i don't know if this is even possible
 
bigguns said:
DefineGlobalColor("StackedPositive", Color.GREEN);
DefineGlobalColor("StackedNegative", Color.RED);
DefineGlobalColor("Warning", Color.LIGHT_ORANGE);

def SP = ema8 > ema34 and ema34 > EMA144;
def SN = ema8 < ema34 and ema34 < EMA144;
def SPW = ema8 < ema34 and ema34 > EMA144 ;
def SNW = ema8 > ema34 and ema34 < EMA144;

[{if
AddLabel (yes,("BUY"), if SP then GlobalColor("StackedPositive") else if SN then GlobalColor("StackedNegative");}
{else if
AddLabel (yes,("SELL"), SN then GlobalColor("StackedNegative") else if SP then GlobalColor("StackedPositive"));
{then} =
addLabel (yes, ("Warning") if (SPW or SNW) then GlobalColor("Warning"));]

Trying to make a label that changes on the top of my screen if the emas cross in a the above ways but i don't know if this is even possible
Click to expand...

can't put output functions within if then.
put if thens , inside 1 label.




Code: 
DefineGlobalColor("StackedPositive", Color.GREEN);
DefineGlobalColor("StackedNegative", Color.RED);
DefineGlobalColor("Warning", Color.LIGHT_ORANGE);

def SP = ema8 > ema34 and ema34 > EMA144;
def SN = ema8 < ema34 and ema34 < EMA144;
def SPW = ema8 < ema34 and ema34 > EMA144 ;
def SNW = ema8 > ema34 and ema34 < EMA144;

AddLabel(
(sp or sn or spw or snw),

(if sp then "buy"
else if sn then "sell"
else if (SPW or SNW) then "Warning"
else "-"),

(if SP then GlobalColor("StackedPositive") 
else if SN then GlobalColor("StackedNegative")
else if (SPW or SNW) then GlobalColor("Warning")
else color.gray)
);
 
royalrock said:
confused...which one to use out of all these code snippets? Thanks
Click to expand...
There is no "best version" in this thread. ThinkScript allows us to customize many flavors to fit our style of trading.
# # # # #
The way to learn about each of these scripts is to apply them. Recommend you put the various versions on your chart. Nothing beats personal experience ;) The only way you will know what the plots are doing, is to observe them on your charts and how they inter-relate with your other indicators.

Most indicators need tweaking depending on the timeframe, the market, the ticker.

No one can possibly know what tweaks will work best for you. It is up to you to play with the settings and see how the indicator line up w/ your strategy and with your other indicators.

To determine if these scripts bring value, analyze them over different timeframes, across history and with multiple instruments.
# # # # #
 
I want to create a scanner where SMA50 < SMA200
SMA50 50<SMA200 where SMA50 is below SMA 200 only 5%

Can you help me with this?
 
Lds3435 said:
I want to create a scanner where SMA50 < SMA200
SMA50 50<SMA200 where SMA50 is below SMA 200 only 5%

Can you help me with this?
Click to expand...


5% of what?

do you want to search for ,
if sma50 is in between 2 prices?

to find a price 5% lower than a number, multiply it by 0.95.

is this what you want to search for?
sma50 is < sma 200 and
sma50 > (sma200 * 0.95)


Code: 
input avg1_type = AverageType.SIMPLE;
input avg1_price = close;
input avg1_len = 50;
def ma1 = MovingAverage(avg1_type, avg1_price, avg1_len);

input avg2_type = AverageType.SIMPLE;
input avg2_price = close;
input avg2_len = 200;
def ma2 = MovingAverage(avg2_type, avg2_price, avg2_len);

input percent_gap = 5;

plot z = ma1 < ma2 and ma1 >
 (ma2 * (1 - (percent_gap/100)));
 
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