10 week moving average on daily chart

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07/20/2021 at 3:11 PM #173881 quote

Alfy
Participant

Average

Good afternoon guys, is there any way in PRT to plot the 10 week moving average on the daily chart using for example the average price of the last 10 fridays as opposed to using the 50d day Moving average.

Thanks in advance and best regards

07/20/2021 at 3:41 PM #173883 quote
robertogozzi
Moderator

Master
Using MTF support should help you achieve your goal:
```
Timeframe(Weekly,UpdateOnClose) //or Timeframe(Weekly,Default) if you need it live
AvgW = average[10,0](close)
Timeframe(Default)              //use this indicator on a Daily chart
Return AvgW AS "Weekly Average"
```
With UPDATEONCLOSE the Daily chart will be updated AFTER the weekly candle closes, so you will see the Friday closing price of the weekly SMA10 plotted for 5 days starting on Monday next week.
With DEFAULT the daily chart will plot the weekly SMA10 while the weekly chart is forming, so that both will only match at the closing on Friday night.

Alfy thanked this post
07/20/2021 at 3:57 PM #173887 quote

Alfy
Participant

Average

Thats just what i was looking for. Thanks once again Roberto
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10 week moving average on daily chart

ProBuilder: Indicators & Custom Tools

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Alfy @alfy Participant

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This topic contains 2 replies,
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4 years, 6 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	07/20/2021
Status:	Active
Attachments:	No files

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