Plot 8 Day EMA(close, 3) on Daily chart

• 09/03/2017 at 4:54 PM #45302
  kris00l

  Hello,

  I’m NEW to ProRealCode.

  How to plot – 8 Day EMA(close, 3) on a daily chart?

  Also, how to turn that into screener?

  Thanks

   

  

  kris00l

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  09/04/2017 at 12:42 AM #45322
  robertogozzi

  What doeas parameter 3 mean (after close)?

  

  robertogozzi

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  09/04/2017 at 2:40 AM #45323
  kris00l

  Sorry that’s Pine script code. Its 3 period plot on 8 day chart.

  thanks

  

  kris00l

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  09/06/2017 at 2:17 PM #45637
  Nicolas

  This kind of code should be close enough to a real daily EMA, but in intraday timeframes:

  p=14 // periods once dailyEMA = DClose(0) if intradaybarindex=0 then oldEMA=dailyEMA endif k = 2/(p + 1) dailyEMA = Dclose(0)*k+oldEMA*(1-k) RETURN dailyEMA

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  p=14 // periods   once dailyEMA = DClose(0)   if intradaybarindex=0 then oldEMA=dailyEMA endif   k = 2/(p + 1)   dailyEMA = Dclose(0)*k+oldEMA*(1-k)   RETURN dailyEMA

   

  

  Nicolas

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  09/06/2017 at 6:39 PM #45653
  kris00l

  Thanks Nicolas. Based on EMA formula (http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:moving_averages) and my initial request:

  EMA(3) is what gets calculated. In you example code it is EMA(14). But what I need is to convert below pinescript:

  //@version=3
  study(“My Script”)
  m=security(tickerid, “8D”, ema(close,3))
  plot(m)

  also, once this is works I need to convert this as a screener. Currently Tradingview lacks in this. TOS doesn’t have 8D but they do have 1d, 2d, 3d and 4day period but NOT 8D :(.

  

  kris00l

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  09/06/2017 at 8:58 PM #45664
  Nicolas

  So to be clear, you want to get the EMA 3 periods of an 8 days timeframe?

  

  Nicolas

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  09/06/2017 at 11:12 PM #45668
  kris00l

  Yes, Nicolas but plot it on a Daily chart view.

  If you run that script I shared on Tradingview you will see what I mean.

  Finally, I need to convert it as sceener.

  Thanks

  

  kris00l

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  09/07/2017 at 8:31 AM #45693
  Nicolas

  Just a quick and rough code this morning (have to go), please have in mind that there is no multi timeframe support in ProBuilder.

  p=3 // periods once dailyEMA = DClose(0) if barindex<>oldBAR and barindex>0 then oldEMA=dailyEMA[1] oldBAR=barindex count=count+1 if count=8 then count=0 price=Dclose(0) endif endif k = 2/(p + 1) dailyEMA = price*k+oldEMA*(1-k) RETURN dailyEMA

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  p=3 // periods   once dailyEMA = DClose(0)   if barindex<>oldBAR and barindex>0 then oldEMA=dailyEMA[1] oldBAR=barindex count=count+1 if count=8 then count=0 price=Dclose(0) endif endif   k = 2/(p + 1)   dailyEMA = price*k+oldEMA*(1-k)   RETURN dailyEMA

  About the screener, please give me at least one condition to fire alerts! Thank you.

  

  Nicolas

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  09/08/2017 at 4:09 AM #45761
  kris00l

  Thanks Nicolas ..this gave me the idea … here’s the code but i’m not getting the quite the value it should be for 8D ema(3).

  8D EMA(3)

  once count = 0 if count = 7 then p=3 // periods once dailyEMA = DClose(7) if intradaybarindex=0 then oldEMA=dailyEMA endif k = 2/(p + 1) dailyEMA = (Dclose(7)-oldEMA)*k+oldEMA count = 0 endif count = count + 1 RETURN dailyEMA

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  once count = 0   if count = 7 then   p=3 // periods once dailyEMA = DClose(7) if intradaybarindex=0 then oldEMA=dailyEMA endif k = 2/(p + 1) dailyEMA = (Dclose(7)-oldEMA)*k+oldEMA   count = 0 endif   count = count + 1   RETURN dailyEMA

  within “if count” structure and having dclose(0) will get EMA(3) so Dclose(7) will get me close of 8th day. Previous ema calculation is what i think needs to be fixed to get my code working 100% accurately.

   

  

  kris00l

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