Moving averages as hozontal lines possible?

This topic has 13 replies, 3 voices, and was last updated 3 years ago by Marius.

Viewing 14 posts - 1 through 14 (of 14 total)

08/11/2021 at 9:26 AM #175083

Marius

Hello all,

I use moving averages in my charts and since the normal view of the three curves (20,50,200sma) bothers me, I would like to know if it is possible to map the moving averages as horizontal lines in the chart, so that they only show the current value of the SMA.

Marius

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08/11/2021 at 9:40 AM #175086

JC_Bywan

Hi, here you go, with examples of colours to recognise the lines (now that they’re all horizontal), and an example of optional dotted line in case you don’t want full lines:

defparam DRAWONLASTBARONLY=true

sma20=Average[20](close)
sma50=Average[50](close)
sma100=Average[100](close)

DRAWHLINE(sma20) coloured(0,0,255)
DRAWHLINE(sma50) coloured(0,255,0) style(dottedline,1)
DRAWHLINE(sma100) coloured(255,0,0)

return

defparam DRAWONLASTBARONLY=true

sma20=Average[20](close)

sma50=Average[50](close)

sma100=Average[100](close)

DRAWHLINE(sma20) coloured(0,0,255)

DRAWHLINE(sma50) coloured(0,255,0) style(dottedline,1)

DRAWHLINE(sma100) coloured(255,0,0)

return

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Marius

JC_Bywan

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08/11/2021 at 10:19 AM #175088

Marius

Thank you so much for the quick help!

Marius

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08/11/2021 at 10:40 AM #175089

Marius

It´s working great – what a relief 🙂

One last question: Is it possible to thicken/ bold the lines? I am sitting in front of a 4K monitor …

Marius

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08/11/2021 at 10:51 AM #175092

JC_Bywan

Sure, after line or dottedline, choose a number between 1 (thin) and 5 (thick), for example:

defparam DRAWONLASTBARONLY=true

sma20=Average[20](close)
sma50=Average[50](close)
sma100=Average[100](close)

DRAWHLINE(sma20) coloured(0,0,255) style(line,5)
DRAWHLINE(sma50) coloured(0,255,0) style(dottedline,3)
DRAWHLINE(sma100) coloured(255,0,0) style(line,2)

return

defparam DRAWONLASTBARONLY=true

sma20=Average[20](close)

sma50=Average[50](close)

sma100=Average[100](close)

DRAWHLINE(sma20) coloured(0,0,255) style(line,5)

DRAWHLINE(sma50) coloured(0,255,0) style(dottedline,3)

DRAWHLINE(sma100) coloured(255,0,0) style(line,2)

return

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Marius

JC_Bywan

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08/11/2021 at 10:53 AM #175093

Marius

You made my day – thaks a lot!

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JC_Bywan

Marius

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09/22/2021 at 11:38 AM #178110

Marius

Hi JC,

thank you again for your help to display the moving averages as horizontal lines.

I would like to see the actual value of the lines – so my quesion to you is: Is there a solution to display the value of the lines on the price axis?

Thanks a lot!

Marius

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09/22/2021 at 2:03 PM #178116

Nicolas

Note on the price axis, but in the chart with some DRAWTEXT instructions:

defparam DRAWONLASTBARONLY=true

sma20=Average[20](close)
sma50=Average[50](close)
sma100=Average[100](close)

DRAWHLINE(sma20) coloured(0,0,255) style(line,5)
drawtext(sma20,barindex+10,sma20,sansserif,standard,20) coloured(0,0,255)
DRAWHLINE(sma50) coloured(0,255,0) style(dottedline,3)
drawtext(sma50,barindex+10,sma50,sansserif,standard,20) coloured(0,255,0)
DRAWHLINE(sma100) coloured(255,0,0) style(line,2)
drawtext(sma100,barindex+10,sma100,sansserif,standard,20) coloured(255,0,0)

return

defparam DRAWONLASTBARONLY=true

sma20=Average[20](close)

sma50=Average[50](close)

sma100=Average[100](close)

DRAWHLINE(sma20) coloured(0,0,255) style(line,5)

drawtext(sma20,barindex+10,sma20,sansserif,standard,20) coloured(0,0,255)

DRAWHLINE(sma50) coloured(0,255,0) style(dottedline,3)

drawtext(sma50,barindex+10,sma50,sansserif,standard,20) coloured(0,255,0)

DRAWHLINE(sma100) coloured(255,0,0) style(line,2)

drawtext(sma100,barindex+10,sma100,sansserif,standard,20) coloured(255,0,0)

return

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Marius

Nicolas

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09/22/2021 at 2:45 PM #178119

Marius

Thank you, Nicolas!

Marius

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09/22/2021 at 6:13 PM #178126

Marius

Hi Nicolas,

II have configured the code so that I now have20,50 and 200sma as horizontal lines in the chart.
Unfortunately, the values are not displayed on the price axis, but only on the lines.
I would prefer to see the values of the sma only on the price axis. Do you have the time to help me again?
Thank you very much!

BTW: When I first used your code one of the lines displayed the value on the price axis with the same colour of the line.

defparam DRAWONLASTBARONLY=true
 
sma20=Average[20](close)
sma50=Average[50](close)
sma200=Average[200](close)
 
DRAWHLINE(sma20)coloured(0,0,204) style(line,2)
drawtext(sma20,barindex+15,sma20,sansserif,standard,15) coloured(0,0,204)
DRAWHLINE(sma50)coloured(204,0,0) style(line,2)
drawtext(sma50,barindex+15,sma50,sansserif,standard,15) coloured(204,0,0)
DRAWHLINE(sma200)coloured(0,102,51) style(line,2)
drawtext(sma200,barindex+15,sma200,sansserif,standard,15) coloured(0,102,51)
 
return

defparam DRAWONLASTBARONLY=true

sma20=Average[20](close)

sma50=Average[50](close)

sma200=Average[200](close)

DRAWHLINE(sma20)coloured(0,0,204) style(line,2)

drawtext(sma20,barindex+15,sma20,sansserif,standard,15) coloured(0,0,204)

DRAWHLINE(sma50)coloured(204,0,0) style(line,2)

drawtext(sma50,barindex+15,sma50,sansserif,standard,15) coloured(204,0,0)

DRAWHLINE(sma200)coloured(0,102,51) style(line,2)

drawtext(sma200,barindex+15,sma200,sansserif,standard,15) coloured(0,102,51)

return

Marius

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09/23/2021 at 8:36 AM #178156

JC_Bywan

Hello,

to see sma’s values on price axis, while still keeping only horizontal lines of latest value visible rather than history:

defparam DRAWONLASTBARONLY=true
 
sma20=Average[20](close)
sma50=Average[50](close)
sma200=Average[200](close)
 
DRAWHLINE(sma20)coloured(0,0,204) style(line,2)
//drawtext(sma20,barindex+15,sma20,sansserif,standard,15) coloured(0,0,204)
DRAWHLINE(sma50)coloured(204,0,0) style(line,2)
//drawtext(sma50,barindex+15,sma50,sansserif,standard,15) coloured(204,0,0)
DRAWHLINE(sma200)coloured(0,102,51) style(line,2)
//drawtext(sma200,barindex+15,sma200,sansserif,standard,15) coloured(0,102,51)
 
return sma20 coloured(0,0,0,0), sma50 coloured(0,0,0,0), sma200 coloured(0,0,0,0)

defparam DRAWONLASTBARONLY=true

sma20=Average[20](close)

sma50=Average[50](close)

sma200=Average[200](close)

DRAWHLINE(sma20)coloured(0,0,204) style(line,2)

//drawtext(sma20,barindex+15,sma20,sansserif,standard,15) coloured(0,0,204)

DRAWHLINE(sma50)coloured(204,0,0) style(line,2)

//drawtext(sma50,barindex+15,sma50,sansserif,standard,15) coloured(204,0,0)

DRAWHLINE(sma200)coloured(0,102,51) style(line,2)

//drawtext(sma200,barindex+15,sma200,sansserif,standard,15) coloured(0,102,51)

return sma20 coloured(0,0,0,0), sma50 coloured(0,0,0,0), sma200 coloured(0,0,0,0)

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Marius

JC_Bywan

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09/23/2021 at 8:46 AM #178162

Marius

Great work, thank you.

I only have to find out why I have two values per line – but that´s not what i would call a problem 🙂

Havea nice day!

Marius

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09/23/2021 at 8:49 AM #178165

JC_Bywan

Maybe you applied the indicator twice in the price window, couldn’t see it when it was only lines over each other, but is revealed on price axis with 2 values per 2 same sma line?

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Marius

JC_Bywan

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09/23/2021 at 8:58 AM #178167

Marius

That´s it 🙂 Thank you, perfectly working now.

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JC_Bywan

Marius

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