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Re: MA Difference
Posted:
Tue May 06, 2014 6:33 pmby wccmcd
Isn't it the same as showing the value of PRICE/MA1?
[PRICE TO MA2(slower MA)] - [MA1 TO MA2] = [PORICE TO MA1], Am I right?
Apprentice wrote:Price MA Ratio.lua
If you use the difference in place of the ratio, you'll get this.
Price MA Ratio.png
Re: MA Difference
Posted:
Wed May 07, 2014 2:51 amby Apprentice
This is the formula.
DIFF1 = (source[period] - Two.DATA[period]);
DIFF2 = (One.DATA[period]-Two.DATA[period]);
Ratio[period] = DIFF1-DIFF2;
Re: MA Difference
Posted:
Thu Mar 12, 2015 6:17 pmby gnarlyarbitrage
Could you make the ma1/ma2 difference into a candlestick?
Thank you.
Re: MA Difference
Posted:
Mon Mar 16, 2015 2:56 amby Apprentice
Re: MA Difference
Posted:
Tue Mar 17, 2015 2:23 amby gnarlyarbitrage
Yes. I want to be able to see wicks, instead of just the line.
Re: MA Difference
Posted:
Tue Mar 17, 2015 4:50 amby Apprentice
MA Difference Candle.lua added.
Re: MA Difference
Posted:
Tue Mar 17, 2015 7:16 amby Coondawg71
Neat indicator. Simple and very effective ! Thanks for sharing this concept.
sjc
Re: MA Difference
Posted:
Tue Mar 17, 2015 11:53 amby gnarlyarbitrage
Thanks for both.
Re: MA Difference
Posted:
Tue Mar 17, 2015 12:11 pmby gnarlyarbitrage
Something a little weird: when I switch the method to ma1/ma2 and vice versa, I don't get same kind of candlesticks when I do the price/ma method. I'm guessing it's because you included the negative range for the ma's. I was looking for a range of positive-only range as the original indicator has. (0-100000000)
Thanks again.
Re: MA Difference
Posted:
Tue Mar 17, 2015 1:12 pmby Coondawg71
Can we please add horizontal thresholds for this indicator. Users may need customization options for these levels. I use 15 minute time frame often and +- 0.0100 and +-0.0200 levels work well. Please add a "0" line as well.
Thanks!
sjc