VWAP 9EMA Crossover Study

[BullPride2020]

Hello,

I'm looking for a ThinkScript VWAP 9EMA Crossover study on this website that shows a signal when the 9EMA crosses above or below VWAP. Does anyone know where I can find this or the shareable link for this type of study? Thank you

 

[bonkiran007]

This is something i found in this forum. I couldn't find the link, but here is the code.

#Hint: EMA9 crosses above VWAP
# By BenTen of useThinkScript.com

declare upper;
input alerts = yes;

# Moving Average
input priceMA = close;
input lengthMA = 9;
input displace = 0;
input showBreakoutSignals = yes;
input price = close;

def EMA = ExpAverage(priceMA[-displace], lengthMA);

# VWAP
input numDevDn = -2.0;
input numDevUp = 2.0;
input timeFrame = {default DAY, WEEK, MONTH};

def cap = GetAggregationPeriod();
def errorInAggregation =
    timeFrame == timeFrame.DAY and cap >= AggregationPeriod.WEEK or
    timeFrame == timeFrame.WEEK and cap >= AggregationPeriod.MONTH;
Assert(!errorInAggregation, "timeFrame should be not less than current chart aggregation period");

def yyyyMmDd = GetYYYYMMDD();
def periodIndx;
switch (timeFrame) {
case DAY:
    periodIndx = yyyyMmDd;
case WEEK:
    periodIndx = Floor((DaysFromDate(First(yyyyMmDd)) + GetDayOfWeek(First(yyyyMmDd))) / 7);
case MONTH:
    periodIndx = RoundDown(yyyyMmDd / 100, 0);
}
def isPeriodRolled = CompoundValue(1, periodIndx != periodIndx[1], yes);

def volumeSum;
def volumeVwapSum;
def volumeVwap2Sum;

if (isPeriodRolled) {
    volumeSum = volume;
    volumeVwapSum = volume * vwap;
    volumeVwap2Sum = volume * Sqr(vwap);
} else {
    volumeSum = CompoundValue(1, volumeSum[1] + volume, volume);
    volumeVwapSum = CompoundValue(1, volumeVwapSum[1] + volume * vwap, volume * vwap);
    volumeVwap2Sum = CompoundValue(1, volumeVwap2Sum[1] + volume * Sqr(vwap), volume * Sqr(vwap));
}
def priceVWAP = volumeVwapSum / volumeSum;
def deviation = Sqrt(Max(volumeVwap2Sum / volumeSum - Sqr(priceVWAP), 0));

def VWAP = priceVWAP;

def bullish_signal = EMA crosses above priceVWAP;
def bearish_signal = EMA crosses below priceVWAP;

# Plot Signals
plot bullish = bullish_signal;
bullish.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_UP);
bullish.SetDefaultColor(Color.CYAN);
bullish.SetLineWeight(3);

plot bearish = bearish_signal;
bearish.SetPaintingStrategy(PaintingStrategy.BOOLEAN_ARROW_DOWN);
bearish.SetDefaultColor(Color.CYAN);
bearish.SetLineWeight(3);

# alerts
Alert(alerts and (bullish_signal or bearish_signal), if bullish_signal then "UP" else "DN", Alert.BAR, Sound.bell);

 

[merrymee]

Can this be added please

@BenTen can you also provide toggle button options where the code can be EMA as well as SMA please


input length_10 = 10;
input length_20 = 20;
input length_50 = 50;
input length_200 = 200;

def dailyClose = close(period = "DAY");
plot dma10 = Average(dailyClose, length_10);
plot dma20 = Average(dailyClose, length_20);
plot dma50 = Average(dailyClose, length_50);
plot dma200 = Average(dailyClose, length_200);

dma10.SetDefaultColor(GetColor(1));
dma20.SetDefaultColor(GetColor(2));
dma50.SetDefaultColor(GetColor(3));
dma200.SetDefaultColor(GetColor(4));

 

[BenTen]

@BenTen can you also provide toggle button options where the code can be EMA as well as SMA please


input length_10 = 10;
input length_20 = 20;
input length_50 = 50;
input length_200 = 200;

def dailyClose = close(period = "DAY");
plot dma10 = Average(dailyClose, length_10);
plot dma20 = Average(dailyClose, length_20);
plot dma50 = Average(dailyClose, length_50);
plot dma200 = Average(dailyClose, length_200);

dma10.SetDefaultColor(GetColor(1));
dma20.SetDefaultColor(GetColor(2));
dma50.SetDefaultColor(GetColor(3));
dma200.SetDefaultColor(GetColor(4));

Here you go

input length_10 = 10;
input length_20 = 20;
input length_50 = 50;
input length_200 = 200;
input EMA = yes;

def dailyClose = close(period = "DAY");
plot dma10 = if EMA then ExpAverage(dailyClose, length_10) else SimpleMovingAvg(dailyClose, length_10);
plot dma20 = if EMA then ExpAverage(dailyClose, length_20) else SimpleMovingAvg(dailyClose, length_20);
plot dma50 = if EMA then ExpAverage(dailyClose, length_50) else SimpleMovingAvg(dailyClose, length_50);
plot dma200 = if EMA then ExpAverage(dailyClose, length_200) else SimpleMovingAvg(dailyClose, length_200);

dma10.SetDefaultColor(GetColor(1));
dma20.SetDefaultColor(GetColor(2));
dma50.SetDefaultColor(GetColor(3));
dma200.SetDefaultColor(GetColor(4));

 

[merrymee]

Here you go

input length_10 = 10;
input length_20 = 20;
input length_50 = 50;
input length_200 = 200;
input EMA = yes;

def dailyClose = close(period = "DAY");
plot dma10 = if EMA then ExpAverage(dailyClose, length_10) else SimpleMovingAvg(dailyClose, length_10);
plot dma20 = if EMA then ExpAverage(dailyClose, length_20) else SimpleMovingAvg(dailyClose, length_20);
plot dma50 = if EMA then ExpAverage(dailyClose, length_50) else SimpleMovingAvg(dailyClose, length_50);
plot dma200 = if EMA then ExpAverage(dailyClose, length_200) else SimpleMovingAvg(dailyClose, length_200);

dma10.SetDefaultColor(GetColor(1));
dma20.SetDefaultColor(GetColor(2));
dma50.SetDefaultColor(GetColor(3));
dma200.SetDefaultColor(GetColor(4));

Thank you @BenTen
But this did not plot anything or even show any EMA on the chart...lol
Can you please add alert and an option to select average types.

 

[BenTen]

Thank you @BenTen
But this did not plot anything or even show any EMA on the chart...lol
Can you please add alert and an option to select average types.

Can you create a new chart and test the script again? It worked for me.

 

[merrymee]

Please can this alert/show arrow lines only for 3 and 4 conditions only

see request pls

missing signal, displace and the different average types

Can you create a new chart and test the script again? It worked for me.

View attachment 24238

@BenTen - here is the screenhot results it gave me - different from yours -

 

[BenTen]

Please can this alert/show arrow lines only for 3 and 4 conditions only

see request pls

missing signal, displace and the different average types


@BenTen - here is the screenhot results it gave me - different from yours - View attachment 24245

That's because you are using an MTF indicator. That indicator uses data from the daily timeframe. And you're using the lower timeframe (5 min), that's why it's like that. I recommend you understand the indicator first.

If you switch to the DAY timeframe, yours will look like mine.

If your goal is to use multiple moving averages, I recommend checking this indicator https://usethinkscript.com/threads/3-in-1-simple-or-exponential-moving-average-for-thinkorswim.64/