Calculating Slope from MA and Adding to TOS Watchlist Column


Category:
0
0

Hello Pete, I have a question on calculating slope from MAs (i.e 8 day EMA) from say the last 5 bars of trading. I would like to incorporate this as a red/green indicator on my watchlist, and use a criteria of greater than 0.5, then green, and red is less than. I found a script from https://thinkscripter.com/community/index.php?resources/moving-average-with-slope-based-color.57/, but that is supposed to change the color on the chart, which I do not want, as I use The TTM_Trend study. Any thoughts? Thank You Steve

Marked as spam
Posted by (Questions: 1, Answers: 1)
Asked on April 29, 2020 1:52 pm
616 views
0
Private answer

Check this previous post:

https://www.hahn-tech.com/ans/wl-for-hull-in-tos/

The request was for the Hull moving average however I was careful to make sure the moving average type could be easily adjusted so that it can be applied to almost any similar specification.

Marked as spam
Posted by (Questions: 37, Answers: 4079)
Answered on April 29, 2020 6:52 pm
0
Thx Pete. I did speak to a TOS rep and they did not know. This will hopefully help me, as the overall question is how best to determine trend. I also plot the shortest ema that is the support under the most recent candles, say 5 day EMA, as well as the 8, 14 and 20. If the shortest of those (i.e 5) start to merging into the 8, that can be another way to do this, as well draw the actual trend support line. I also use the TTM squeeze and MACD as guides. Thx again and will let you know if I have any other questions.
( at April 30, 2020 11:47 am)
0
Based on what you just described I suggest you check out our video on the SLM Ribbon: https://www.hahn-tech.com/thinkorswim-scan-slm-ribbons/ and I also need to let you know that your email address came across as the profile name with whatever social media account you used to sing into the forum. You will get tons of spam because of that. You should make sure to never use an email address as the name for any social media account.
( at April 30, 2020 1:43 pm)