Indicator · Pine Script v5 · On the chart

Daily Moving Averages on Intraday Chart

by ClimberMel

Calculates and plots daily moving averages, including 200, 100, and 50-period SMAs as well as a 20-period EMA, onto intraday price charts.

View on GitHub

Repaints

GitHub stars2on the repository
Pine versionv5runs as is
Lines of code55
Settings7inputs
LicenceMIT
Last update4 years ago4 Apr 2022

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above, or the copy button on the code below.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.

Source Code

55 lines of Pine Script v5 from code/Daily SMAs.txt, published under MIT. Keep the author's credit and licence lines when you reuse it.

Daily SMAs.txt
// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © ClimberMel

// Shows the Daily Moving Averages on the Intraday Chart
// Daily MA time periods can be adjusted in the settings.

// Based on various scripts, so hats off to all those that have created DMAs before.

//@version=5
indicator('Daily Moving Averages on Intraday Chart', shorttitle='Daily MAs', overlay=true)

// Take input for which daily SMAs to use
longSMAInput = input.int(title='Long Term Daily SMA', minval=100, step=1, defval=200)
mediumSMAInput = input.int(title='Medium Term Daily SMA', minval=50, step=1, defval=100)
shortSMAInput = input.int(title='Short Term Daily SMA', minval=10, step=1, defval=50)
xshortEMAshow = input.bool(true, "Show Daily EMA?", inline = "01")
xshortEMAInput = input.int(title='Short Term Daily EMA', minval=1, step=1, defval=20)

// Input for Gator - Show (Yes, No) and variables
jawLength = input.int(13, minval=1, title="Jaw Length")
plotShow = input.bool(true, "Show Gator", inline = "01")

// Some variables for Gator
color GREEN = #008000
color BLUE  = #2962FF

// Evaluate SMAs
longSMA = ta.sma(close, longSMAInput)
mediumSMA = ta.sma(close, mediumSMAInput)
shortSMA = ta.sma(close, shortSMAInput)
xshortEMA = ta.ema(close, xshortEMAInput)

// Evaluate Gator
smma(src, length) =>
    smma =  0.0
    smma := na(smma[1]) ? ta.sma(src, length) : (smma[1] * (length - 1) + src) / length
    smma

jaw = smma(hl2, jawLength)

// Grab the Daily SMAs for the ticker
plotLongSMA = request.security(syminfo.tickerid, 'D', longSMA)
plotMediumSMA = request.security(syminfo.tickerid, 'D', mediumSMA)
plotShortSMA = request.security(syminfo.tickerid, 'D', shortSMA)
plotxShortEMA = request.security(syminfo.tickerid, 'D', xshortEMA)

// Plot the SMAs
plot(plotLongSMA, linewidth=4, color=color.new(color.olive, 40))
plot(plotMediumSMA, linewidth=4, color=color.new(color.red, 40))
plot(plotShortSMA, linewidth=4, color=color.new(color.purple, 40))
plot(xshortEMAshow ? plotxShortEMA : na, linewidth=4, color=color.new(color.yellow, 40))

// Plot Gator
plot(plotShow ? jaw : na, "Jaw", offset = 3, color=BLUE)
plot(plotShow ? jaw : na, "Jaw", offset = 0, color=GREEN)

Overview

Daily Moving Averages on Intraday Chart also includes an optional Williams Alligator Jaw line calculated using a smoothed moving average. Settings allow adjusting the lengths of all moving averages and toggling their visibility. Drawn directly on the main price chart, the daily values dynamically update throughout the active session, causing values to repaint on historical intraday bars until the daily candle closes.

Details

Published by

ClimberMel on GitHub

Type

Indicator, Pine Script v5

Draws

On the price chart

Category

Moving averages, Trend

Markets

Any symbol

Timeframes

M1-M5, M15-H1

Risk Notes

  • Signals can change on the live bar or after it closes (repainting)

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Long Term Daily SMAint200longSMAInput
Medium Term Daily SMAint100mediumSMAInput
Short Term Daily SMAint50shortSMAInput
Show Daily EMA?booltruexshortEMAshow
Short Term Daily EMAint20xshortEMAInput
Jaw Lengthint13jawLength
Show GatorbooltrueplotShow
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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