horizontal moving average

[ralex]

I saw this question asked a few months ago and never saw it receive an answer so I will ask it again.

Is there a way to plot a daily moving average such as the 50 day MA as a horizontal line on an intraday or daily chart?

Thanks in advance for your reply

[ACM]

Re: horizontal moving average

ralex
I believe the post you are referring to was answered (see here)
Alex

Originally posted by ralex
I saw this question asked a few months ago and never saw it receive an answer so I will ask it again.

Is there a way to plot a daily moving average such as the 50 day MA as a horizontal line on an intraday or daily chart?

Thanks in advance for your reply

[ralex]

horizontal moving average

thank you for your reply.

I did see that attachment and tried it but it does not exactly accomplish what I am looking for -- let me clarify

I am looking for a complete horizontal line rather than a jagged one the updates throughout the day. So maybe I guess I should have asked if there is a way to plot the moving average as a constant number based on its value on the previous day's close. That, i think, will give me just one, stable line that is not updated intraday.

Thanks for any reply

[ralex]

horizontal moving average

hello again Alexis

also, regarding the attachment you referenced, I do see how you "set" this to show, say the 50 day MA, on the intraday chart.

I go to edit studies and set the MA to 50 but it seems to be plotting a period other than the daily MA because the numbers on the intraday chart don't match up with the real 50 day moving average.

THANKS

[ACM]

Re: horizontal moving average

ralex
You can do that using the addBand() function to which you pass the value of the average based on the daily interval offset forward by 1 so as to use the prior day's value. A basic example would be
var myDailyAvg = sma(myLength, inv("d"));
addBand(myDailyAvg.getValue(-1), PS_SOLID, 1, Color.blue, "line");
This will draw a line across the entire chart at the value of the daily average
Alex

Originally posted by ralex
thank you for your reply.

I did see that attachment and tried it but it does not exactly accomplish what I am looking for -- let me clarify

I am looking for a complete horizontal line rather than a jagged one the updates throughout the day. So maybe I guess I should have asked if there is a way to plot the moving average as a constant number based on its value on the previous day's close. That, i think, will give me just one, stable line that is not updated intraday.

Thanks for any reply