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Distance from Moving Average

Darcy · 2020-10-12T07:15:54+00:00

Stockcharts have a new feature: Distance from Moving Average: The percentage difference between price and a Moving Average of your choice, displayed above or below a zero line I couldn’t find anything in the search Thanks David

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Distance from Moving Average

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10/12/2020 at 8:15 AM #147112 quote

Darcy
Participant

Junior

Stockcharts have a new feature:

Distance from Moving Average: The percentage difference between price and a Moving Average of your choice, displayed above or below a zero line

I couldn’t find anything in the search

Thanks

David

10/12/2020 at 8:57 AM #147126 quote
Nicolas
Keymaster

Legend
The below code will calculate the percentage distance from the Close to the average of the defined period.
```
period = 30
ma = average[period]
percent = (close-ma)/ma*100
return percent 
```
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Distance from Moving Average

ProBuilder: Indicators & Custom Tools

New Reply

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Darcy @darcy Participant

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This topic contains 1 reply,
has 2 voices, and was last updated by Nicolas
5 years, 12 months ago.

Topic Details

Forum:	ProBuilder: Indicators & Custom Tools
Language:	English
Started:	10/12/2020
Status:	Active
Attachments:	No files

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Distance from Moving Average

Stuck on this ProBuilder code?

Distance from Moving Average ProBuilder: Indicators & Custom Tools

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Distance from Moving Average

ProBuilder: Indicators & Custom Tools