MOVING AVERAGE NUMERIC VALUE SUBTRACTED

• 06/21/2020 at 5:26 PM #136685
  steynpj

  I want to use following as a condition to trade:

  Subtract numeric value of SMA x from SMA y. Trade if result is bigger/smaller than result of same subtraction in previous period.

  Coding/help appreciated.

   

  Thank you.

  

  steynpj

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  06/21/2020 at 5:37 PM #136690
  robertogozzi

  There you go (bigger):

  x = abs(average[20,0](close) - average[50,0](close)) If x > x[1] Then . . Endif

  1 2 3 4 5

  x = abs(average[20,0](close) - average[50,0](close)) If x > x[1] Then   .   . Endif

  You may want to remove ABS( and the rightmost parenthesis if you want to have both positive and negative values.

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  Nicolas

  

  robertogozzi

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  06/22/2020 at 2:18 PM #136771
  steynpj

  Thank you.

  Very helpful.

  Last tweak: What to do if I want to use SMA of mean price of last bar, not close?

  Thank you.

  

  steynpj

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  06/22/2020 at 3:15 PM #136782
  robertogozzi

  Instead of CLOSE use MedianPrice.

  What do you mean by “SMA of mean price of last bar“?  (The sma of mean price of the last bar is the mean price of last bar itself!)

  

  robertogozzi

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