MovingAvgTrendSTUDY.ts

# MovingAvgTrend
declare upper;
input ultra_short_average = 20;
input short_average = 31;
input medium_average = 50;
input long_average = 100;
input ultra_long_average = 200;
input average_type = {default "SMA", "EMA"};
input show_vertical_line = no;
input show_bubble_labels = yes;

def MA1;
def MA2;
def MA3;
def ma4;
def ma5;
switch (average_type) {
case "SMA":
    MA1 = Average(close, ultra_short_average);
    MA2 = Average(close, short_average);
    MA3 = Average(close, medium_average);
    MA4 = Average(close, long_average);
    MA5 = Average(close, ultra_long_average);
case "EMA":
    MA1 = Average(close, ultra_short_average);
    MA2 = Average(close, short_average);
    MA3 = Average(close, medium_average);
    MA4 = Average(close, long_average);
    MA5 = Average(close, ultra_long_average);
}

# Signals now only looking for price above/below ALL MAs.
plot signalUP = close > MA1 &&
                close > MA2 &&
                close > MA3 &&
                close > MA4 &&
                close > MA5 &&
                close crosses above MA5;

plot signalDN = close < MA1 &&
                close < MA2 &&
                close < MA3 &&
                close < MA4 &&
                close < MA5 &&
                close crosses below MA5;

# Plot the moving average lines
plot ln1 = MA1;
ln1.SetDefaultColor(CreateColor(145, 210, 144));
ln1.SetLineWeight(2);
plot ln2 = MA2;
ln2.SetDefaultColor(CreateColor(111, 183, 214));
ln2.SetLineWeight(2);
plot ln3 = MA3;
ln3.SetDefaultColor(CreateColor(249, 140, 182));
ln3.SetLineWeight(2);
plot ln4 = MA4;
ln4.SetDefaultColor(CreateColor(140, 140, 140));
ln4.SetLineWeight(2);
plot ln5 = MA5;
ln5.SetDefaultColor(CreateColor(120, 120, 250));
ln5.SetLineWeight(2);

# Draw vertical line to indicate call and put signals
AddVerticalLine(SignalUp && show_vertical_line, "Up", Color.UPTICK);
AddVerticalLine(SignalDn && show_vertical_line, "Down", Color.LIGHT_RED);

# Show Call / Put Signal in a Chart Bubble
AddChartBubble(SignalUp && show_bubble_labels, low - 0.2, "Up", Color.UPTICK, no);
AddChartBubble(SignalDn && show_bubble_labels, high + 0.2, "Dn", Color.LIGHT_RED);

# Add label for Eup or Edn
AddLabel(SignalUp, "Signal Up", Color.GREEN);
AddLabel(SignalDn, "Signal Down", Color.RED);

# Alerts
alert(SignalUp, "Signal Up", "alert type" = Alert.BAR, sound = Sound.Ding);
alert(SignalDn, "Signal Down", "alert type" = Alert.BAR, sound = Sound.Ding);