Trailing 5 Day Closing Average

[mbrandau]

Hello all,

I am a newbie of sorts, specifically to ThinkorSwim. I have my charts set up almost perfectly, the way I prefer. There is 1 thing I am looking for which is a numerical number somewhere on each chart that states the past 5 days closing average. Just a number, no trend lines, no multiple numbers. Just 1 number that tells me the average last 5 days closing average, including most recent. Is there something I can use or a simple script someone can make for me? This would help enormously as currently I have several every morning that I do math on in Excel and it takes up a lot of time.

Thank you in advance.

Mark

 

[JabronLames]

Nah,

The issue was the when the market opened it was attempting to fetch the close of TODAY....which didn't exist yet.

 

[JabronLames]

OK.

So this one will add the color functionality and compare it to the current minute candle.

If the current candle's close is >= 5% of the 5 day average == Green
If ------------------------------ < 5% of the 5 day average == Red

# Dan Dude's Averager'r
# Get average last 5 periods

input length = 5; # last 5 periods
input AggCurrent = AggregationPeriod.MIN;
input Agg = AggregationPeriod.DAY;

input percentChange = 5;

def currentPrice =  close(period = AggCurrent);

def price = close(period = agg);
# The fold
plot sum = fold n = 0 to length
with p
do p + GetValue(price[1], n, length - 1) / length;
# end the fold


AddLabel(yes, "The Average for the Last " + length + " Days is " + sum);
#AddLabel(yes, currentPrice);

AssignBackgroundColor(if price >= currentPrice * (1 + (percentChange/100)) then color.dark_red else if price < currentPrice * (1 - (percentChange/100)) then color.dark_green else color.BLACK);