Moving Average's Distance from Price help
Moving Average's Distance from Price help
I would like to plot say 50 SMA and then right next to it, I would like to plot the distance from the price (which will be dynamic ) as pricing will keep changing. Attached a picture to explain. The Pink Line is the moving average. The displayed values are the MA value 77.38 and the distance from price in brackets (.64).
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- MA-Distance.jpg
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Svetlana MultiCharts
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Re: Moving Average's Distance from Price help
Hi krisnara,
What specific difficulty do you face when try to achieve it?
What specific difficulty do you face when try to achieve it?
Re: Moving Average's Distance from Price help
Thanks Svetlana. I managed to code an indicator what plots a histogram in the bottom pane ie the sub-graph,the distance from the price.But I want this value to appear in (brackets) at the end of the MA.
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Svetlana MultiCharts
- Posts: 645
- Joined: 19 Oct 2017
- Has thanked: 3 times
- Been thanked: 163 times
Re: Moving Average's Distance from Price help
We’d offer two possible solutions:
1) Enable Study Values in the Status Line. 2) Use text drawing.
1) Enable Study Values in the Status Line. 2) Use text drawing.