Price percent amount above the moving average

[Paul Topics: 3Replies: 4Posts: 7]

I need help with a script that would create a chart indicator showing the percent price (close) is above or below the moving average (e.g., 200 day simple moving average)

Thanks,

Paul

[Matthew Topics: 4Replies: 172Posts: 176]

Hi Paul,

The following script will display the value (in %) the close price of a chart is from a 200SMA:

//Set Variables V1 = MA(BARS=200) ; V2 = CLOSE(); //Formula for % from MA 100 * (V2-V1)/V1

1 2 3 4 5 6 7

//Set Variables V1 = MA(BARS=200) ; V2 = CLOSE(); //Formula for % from MA 100 * (V2-V1)/V1

This is how the script would look on a Show View (below the chart):

[Paul Topics: 3Replies: 4Posts: 7]

Thanks, Matthew – just what I needed.  Much appreciated – Paul

[Darren Topics: 38Replies: 261Posts: 299]

Sample workbook attached for US and ASX data. Remember you can save the Watchlist columns as a layout and apply them to any other watchlist.

Attachments:

You must be logged in to access attached files.

[Author]

Posts