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Calculate Distance Between 2 Moving Averages

Mishap · 2020-11-07T03:31:07+00:00

//get distance from averages relative to one above or below Ind1 = Average[10] (close) Ind2 = Average[15] (close) DistPer = abs(Ind1/Ind2)*100 GRAPH DistPer AS "Distance" I will begin by opening with the same statement as most people that post here with the old ” I am new to coding & Pro Real Code” :). What i I am trying/would like to do is get the distance as a percentage between 2 averages. Im not sure that i am on the right path as the result is skewed i believe with some outputs being over 100% I would have thought that it the distance would likely be less given it is the same candle just 2 different averages derived from it. Any help is appreciated.

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ProBuilder: Indicators & Custom Tools
Calculate Distance Between 2 Moving Averages

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11/07/2020 at 4:31 AM #149742 quote
Mishap
Participant

Junior
```
//get distance from averages relative to one above or below
Ind1 = Average[10] (close)
Ind2 = Average[15] (close)
DistPer = abs(Ind1/Ind2)*100

GRAPH DistPer AS "Distance"
```
I will begin by opening with the same statement as most people that post here with the old ” I am new to coding & Pro Real Code” :).

What i I am trying/would like to do is get the distance as a percentage between 2 averages. Im not sure that i am on the right path as the result is skewed i believe with some outputs being over 100%

I would have thought that it the distance would likely be less given it is the same candle just 2 different averages derived from it.

Any help is appreciated.
11/07/2020 at 9:39 AM #149746 quote
robertogozzi
Moderator

Legend
Try this as line 4:
```
DistPer = (Ind1-Ind2)*100/Ind1
```
Mishap thanked this post
11/07/2020 at 12:56 PM #149761 quote

Mishap
Participant

Junior

That Works Roberto,

Thank you 🙂
Author

Posts

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Calculate Distance Between 2 Moving Averages

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Mishap @mishap Participant

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This topic contains 2 replies,
has 2 voices, and was last updated by Mishap
5 years, 11 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	11/07/2020
Status:	Active
Attachments:	No files

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Calculate Distance Between 2 Moving Averages

Stuck on this ProBuilder code?

Calculate Distance Between 2 Moving Averages ProBuilder: Indicators & Custom Tools

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Topic Details

Calculate Distance Between 2 Moving Averages

ProBuilder: Indicators & Custom Tools