10 week moving average on daily chart

• 07/20/2021 at 3:11 PM #173881
  Alfy

  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

  

  Alfy

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

  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"

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  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.

  1 user thanked author for this post.

  Alfy

  

  robertogozzi

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  07/20/2021 at 3:57 PM #173887
  Alfy

  Thats just what i was looking for. Thanks once again Roberto

  

  Alfy

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