Drawing Segments to Visualize Historical Moving Averages

12 Nov 2021
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This ProBuilder code snippet demonstrates how to plot a moving average curve in the past using segments. The code uses the `DRAWSEGMENT` function to visually represent historical data points on a chart, which is particularly useful for analyzing trends over time.


period = 20
decay = 11
avg = average[period](customclose)
DRAWTEXT("*",barindex[decay],avg,Serif,Bold,12) coloured(200,200,0)
drawsegment(barindex[decay],avg,barindex[decay+1],avg[1])
RETURN avg as "MA"

Explanation of the Code:

  • Variable Initialization: The variables period and decay are set to 20 and 11, respectively. Here, period represents the number of bars used for calculating the moving average, and decay specifies how many bars in the past the visualization starts.
  • Moving Average Calculation: The avg variable computes the moving average of the customclose prices over the specified period.
  • Drawing Text: The DRAWTEXT function places an asterisk (*) at the position specified by barindex[decay] and the moving average value avg. This serves as a visual marker. The text is styled with the Serif font, in bold, and size 12, colored in an RGB value of (200,200,0).
  • Drawing Segments: The drawsegment function connects two points to draw a line segment. It starts from the current decay position to the next, effectively connecting the moving average values from one bar to the next. This visualizes the moving average as a continuous line.
  • Return Statement: Finally, the moving average avg is returned as “MA”, which can be used for further analysis or displayed on the chart.

This snippet is useful for traders or analysts who want to visually track the behavior of a moving average over time, directly on historical chart data.

Related Post

Check out this related content for more information:

https://www.prorealcode.com/topic/decalage-horizontal-dun-indicateur/page/2/#post-51048

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What is a Snippet? A snippet is a small, reusable chunk of code designed to solve specific tasks quickly. Think of it as a shortcut that helps you achieve your coding goals without reinventing the wheel. How to Use: Simply copy the snippet and paste it into your project where needed. Don't forget to tweak it to fit your context. Snippets are not just time-savers; they're also learning tools to help you become a more efficient coder.
Nicolas Master
I created ProRealCode because I believe in the power of shared knowledge. I spend my time coding new tools and helping members solve complex problems. If you are stuck on a code or need a fresh perspective on a strategy, I am always willing to help. Welcome to the community!
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